Category: Uncategorized

Fall 2018 WBD SBA Pro Tip!

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…

What’s Funding at WBD – September 2018

From hotels to assisted living centers to convenience stores and more, WBD is honored to support many exciting projects each and every month with the 504 loan. As a recent feature on our blog and in our newsletter, WBD will provide an overview of the recently-funded projects. Here is what we funded in September of 2018!

Success Story: Earth Rider Brewery

     “April Nelson and the team at WBD did an outstanding job helping us navigate SBA program requirements. The development of Earth Rider Brewery included many public and private partnerships, which added a layer of complexity. Their efforts were thorough and timely, and we appreciate their help to bring the first packaging brewery to Superior, WI in 50 years.”      –…

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…

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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!

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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.

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WBD Experts talk 504 and 7(a) Lending on ‘Biztalk’ Radio

Recently, WBD Senior Vice President and Senior Lender Jason Monnett teamed up with WBD Vice President and Loan Officer Matt Wilcox to talk all things 504 and 7(a) on the “BizTalk with SCORE” radio program. The experts explained how WBD helps small businesses create jobs through an SBA 504 or a 7(a) loan—sometimes both by layering loans to support different parts of the process.…

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