Changes

Jump to navigation Jump to search
198 bytes removed ,  13:08, 9 June 2016
*Intended to supply funds for asset purchases (i.e., land or equipment)
*Like the 7(a) program, the 504 program is restricted to small businesses with less than $7 million in tangible net worth and less than $2.5 million in net income. However, since funds from 504 loans can't be used for working capital or inventory, consolidating or repaying debt, or refinancing, this program tends to exclude most service businesses that need to purchase land or equipment. [http://www.entrepreneur.com/article/79254| ]
 
===SBA actual vs enacted spending in 504 loan program===
 
FY2013
 
[[Image:Screen Shot 2016-01-13 at 5.05.35 PM.png|400x400px]]
 
FY2014
 
[[Image:Screen Shot 2016-01-13 at 5.10.23 PM.png|400x400px]]
==7(m) Microloan Program==

Navigation menu