Tag: Upper Peninsula small business

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…

WBD-Thanksgiving-Dessert-Poll-Results-2017

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!

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…