Category Archives: Blog

BLOG: Strategies for an Economic Downturn

Challenging economic times and market uncertainties can be especially daunting to small businesses. But the reality is that there are a number of steps business owners can take to thrive and survive. Managing cash flow, cutting costs, and refocusing marketing are key areas to address. (more…)

BLOG: Loans — CDC/504 Loan

The CDC/504 loan program is a long-term financing tool for economic development within a community. More specifically, they provide financing for major fixed assets, such as equipment or real estate.  A Certified Development Company (CDC) is a private, for profit corporation set up to contribute to the economic development of its community. CDCs work with SBA and private sector lenders to provide financing to small businesses. (more…)

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