The U.S. Small Business Administration (SBA) recently announced the publication of a revised SBA Form 159, “Fee Disclosure and Compensation Agreement.” SBA Lenders must use the new Form 159 for all applications dated on/after November 1, 2018 regardless of whether those applications are processed under Delegated or Non-delegated methods. An explanation to the changes to the update Form may be…
Category: Small Business Administration
Commercial real estate has a great new 25-year financing option
April 3, 2018 Commercial real estate has a great new 25-year financing option SBA 504 loans now able to offer 25-year loan The US Small Business Administration (SBA) today announced the creation of a 25-year debenture in the 504 loan program. “More options and flexibility in the program will only make the 504 program more attractive to both our business…
SBA Administrator Linda McMahon in Milwaukee Today
The view from Milwaukee today, where WBD is joining the SBA Office of Advocacy and SBA Administrator Linda McMahon to listen to local business owners discuss regulatory issues that are barriers to small business. The SBA is working to identify regulations to cut in response to the Executive order that calls for cutting two rules for every new one that…
Dynamic Recycling Founders Honored as WI’s Top Small Business People of 2018
Congratulations to WBD client Dynamic Recycling, whose founders Curt Greeno and Miles Harter have been selected as Wisconsin’s top small business people of 2018 by the U.S. Small Business Administration! From the La Crosse Tribune: The founders of Onalaska’s Dynamic Recycling have been selected as Wisconsin’s top small business people of 2018 by the U.S. Small Business Administration. …
RESULTS: Favorite Thanksgiving Dessert
Hot off the presses (or the ovens)… Here are results of the WBD Thanksgiving Dessert Poll. Despite an early lead for pumpkin pie, a creamy competitor took a sweet lead—quickly eclipsing the ole’ standard. Have a happy and safe Thanksgiving from the WBD family to yours (and if you are a small business owner, take a well-deserved break!
POLL: Favorite Thanksgiving Dessert
Click on the image to vote and to view results You work hard. You pay your taxes. You try to be a good person. Put others before you? Yes. Open to favors? All the time. Sure, you perform acts of kindness because you are an awesome, self-less person. But at the Thanksgiving dessert table, it’s all about you. After family,…
WBD’s Randy Kyle Elected as a NADCO At-Large Director for 2017-2018 Term
Earlier this month, the National Association of Development Companies (NADCO) announced their 2017-2018 NADCO Board of Directors election results. WBD is pleased to announce that Executive Vice President & Chief Operating Officer Randy Kyle has been elected as an at-large director. Randy, who is a CPA and has a Masters of Business Taxation from the University of Minnesota, brings a wealth of operational and…
Now Hiring: Small Business Loan Closer
For more information and a detailed job description email hr@wbd.org To learn more about WBD, visit www.wbd.org.
Happy Halloween from WBD
Happy Halloween from the WBD team! If you are ready to grow your business, to own your fixed assets, or to upgrade your equipment, then we have a treat for you. It’s called the SBA 504 Loan, and along every step of the process, we are happy to lend a hand.
SBA Loans: 504 vs 7(a)
When it comes to SBA lending, there is no one-size-fits-all solution. The two largest SBA programs are the 7(a) Loan, offered through lenders, and the 504 Loan, delivered through a Certified Development Company like WBD in partnership with local lenders. Our loan officers will ascertain your business needs and your overall objectives to determine the best loan package(s) for you. What are…