SBA 504

July 2017

20-Year Fixed Rate:

4.766%

10-Year Fixed Rate:

4.497%

Historical Rate Graph

 

YOUR WISCONSIN SBA 504 LENDER


BLP's Lender of the Year Recognition

BLP recognized the commercial loan officer that has worked with us on the greatest number of projects in 2016 - our Lender of the Year, Thomas Moore. Thomas Moore of Johnson Bank is comprehensive in his work with customers serving as an advocate on behalf of their best interests.  He is able to streamline the process for them working with BLP to finalize the project financing. Together with his understanding of the business plans for growth and his knowledge of the BLP resources available, he is a great asset in developing a creative financing solution to enhance his customer's projects.

 

Customer Highlight

Prairie Side Veterinary Hospital

Prairie Side Veterinary Hospital reopened at its new location on Hwy 20 in Racine on June 12th.
 
"I was happy to work with BLP to come up with a financing plan that worked for Prairie Side Veterinary Hospital," says Mark E. Wittwer of Southport Bank "Their staff was helpful and knowledgeable. BLP is a valuable resource I look forward to using again in the future."
 

Click HERE for more Business Highlights

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BLP is proud to announce its participation in the VetLoan Advantage program. BLP offers the largest savings on the SBA 504 program than any other SBA 504 processor in the State of Wisconsin for loans to veteran-owned businesses.  BLP is offering these savings to assist in NADCO and SBA's efforts to help Veterans by providing discounts on the SBA 504 program to firms that are at least 51% owned by military veterans.  

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About the SBA 504 Program

The U.S. Small Business Administration (SBA) 504 Loan Program provides long-term, fixed rate direct loans for real estate and equipment needs. The SBA was established in 1980 to provide small businesses with an alternative, beneficial financing options to help businesses grow and create jobs for their communities. 

The SBA utilizes Certified Development Company's (CDC's) to process and administer the loan program on its behalf.  Business Lending Partners (BLP) has been certified by SBA since 1985 to provide 504 loans throughout the State of Wisconsin and is the only CDC headquartered in Southeast Wisconsin.

In addition to the SBA 504 program, BLP administers a variety of community loan programs throughout Racine and Waukesha counties.  BLP staff has expertise with many other county, state, and federal resources.  We work closely with small businesses and lenders to provide knowledgeable information on the various products available to finance business growth.

 

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Benefits, Eligibility and Application Process for SBA 504 Program    

              Click here to determine                              Click here to determine
             if your customer qualifies
                           if your business qualifies