Happy National Agriculture Month!
Small businesses in the agriculture industry help make America’s economy the strongest in the world! Agricultural businesses play a crucial role in feeding the world and driving economic growth in rural communities. However, like any other sector, agriculture faces its own unique challenges in terms of accessing capital for expansion, equipment, and real estate development. […]
Top Nine Myths about SBA 504 Loan: Separating Fact from Fiction
Myth #1: “504 Loans are only for large, established businesses.” Fact: The SBA 504 loan is specifically designed for small businesses. In fact, SBA defines a small business based on net worth (under $20 million) and average net income (under $6.5 million after taxes). That includes most privately held companies in the U.S. From a […]