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…
Tag: Upper Peninsula small business

Connie Suemnicht: A 2017 Elite Lender!
Connie Suemnicht of Bank of Wisconsin Dells is one of WBD’s 2017 ELITE LENDERS! Elite Lenders have done at least ten 504 projects with WBD and are true allies of small business! Congratulations, Connie! Click here for more information about WBD’s 2017 Elite Lenders!

Bill Kadrich: A 2017 Elite Lender!
Join us in congratulating Bill Kadrich of Marine Bank as one of WBD’s 2017 ELITE LENDERS! Elite Lenders have done at least ten 504 projects with WBD and are true allies of small business! Click here for more information about WBD’s 2017 Elite Lenders!

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…