In the coming weeks and months, there's a good chance you'll be hearing from business owners who will be asking about the SBA 504 loan. That's because we've stepped up our outreach with Wisconsin and Minnesota Chambers of Commerce through advertising in their member email communications. We're asking prospective business owners to "Ask their banker about the 504."
The ads we've placed will be appearing in various publications hundreds of times in the next few months. This means thousands of Chamber members will see our message about how the SBA 504 is a great commercial financing option for their future business expansion projects. Hopefully they will be talking to their bankers (which may be you!) and asking "What's this 504 loan I'm hearing so much about?"
WBD wants you to be ready to answer any questions you may be getting about the 504. So if you need to brush up on your SBA 504 skills, we've got you covered. Here are a few resources you can use for more details on the program.
- 504 Basics
- 504 Real Estate or Equipment Purchase
- 504 Building a New Facility
- 504 Refinancing Program
- 504 Info sheet
- 504 Case Studies
Hopefully you'll find everything you need to know in the pages and files listed above. If not, please make sure to give a WBD Loan Officer a call for more information. We're here to help!
