New Rule Makes 504 Loans Easier to Acquire!
The SBA aims to make SBA 504 loans easier to acquire by relaxing eligibility, reducing documentation and updating credit policy.
Small Business is Able to Buy the Building They Leased for Over 20 Years
After leasing the same building for over 20 years, Cory wanted to buy the building. The seller finally gave in to the request.
Veteran Business Helped by the 504 Program
NWBDA, through the 504 program, helped veteran Cameron purchase a building for his growing family insurance business.
504 Helps Bridal Shop
NWBDA is delighted that we could assist Honest in Ivory, a bridal shop, in securing a 504 loan for their building!
SBA Helps New Businesses
Despite being relatively a new business, the Amendment XXI owners were able to finance their building through the 504 Program.
SBA has just released the ALP Express Pilot Program. ALP Express will allow NWBDA to have more approval control over loans $500,000 and under.
Rising Interest Rates
The interest rates for the SBA 504 Loan Program seem to be skyrocketing, so why should a business owner still choose the program to finance?
We have some recent exciting changes at Northwest Business Development Association and we want to share the good news with you!
Wine Tasting with SBA
Charles and Lacey needed an expansion for their wine tasting room to accommodate Cairdeas Winery’s growing popularity.
Celebrating the NWBDA Staff!
The ability to provide quality service regardless of a loan’s complexity is because of the quality and experience of the NWBDA staff.
Counseling Group Pivots
Brightways Counseling Group pivots their clinic during the pandemic to help their clients and utilizes the 504 program to buy their buildings
Achieved Energy Goal!
Kiddie Academy was able to utilize the SBA 504 Program’s Energy Public Policy goal by replacing their building’s HVAC system.