Running a small business can be challenging, but those challenges are something many businessowners deal with. According to SBA statistics, only 0.01% of businesses in the United States aren’tclassified as small businesses. If you’re having trouble securing small business loans and running yourbusiness, here’s how SBA can help. Getting a Loan Small business loans are … Continued
If you have a business and have seen references to the SBA 504 Loan program but have questions, wehope to provide you with some answers. CDC lending and the SBA 504 Loan program can give you a long-term financing option with a fixed rate and up to $5 million for major fixed assets that go … Continued
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Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Eric Maly as Senior Loan Officer for the Northern Lower Peninsula of Michigan. Eric will have an office located in Traverse City where he lives with his wife of 35 years. Eric has a deep commitment to Traverse City, and to northern Michigan, … Continued
Small businesses are the engine that drives the economy as we continue our newsletter series on job creation. MCDC has played a role in hundreds of businesses realizing their dreams of real estate ownership, expansion and reinvestment resulting in job creation and retention. In all we do, jobs are at the heart of it.
The financial aspect of running an enterprise is one of the most confusing subjects for many business owners. Most new and seasoned business owners do not know which direction to turn when getting proper funding. Many make grave mistakes that cost them a lot in the short and long run. Therefore you should learn about … Continued
At some point in the life cycle of a business, it will likely need a loan. Business loans help fund the growth of small business entities or fill in some financial gaps. Many entities provide small businesses with loans. The US Small Business Administration provides loans and helps build the capacity of the small businesses … Continued