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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

Have you had a net worth under $15M and an average net income less than $5M for the past 2 years? In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Do you own your building or want to own your building? Are you still with me?

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How to Avoid Running Out of Cash on a Construction Project

Levelset

In this article, we’ll explore some strategies to help you keep money in the bank. Without incoming revenue to cover those costs, you’ll have to overbill another project to cover them. Finance material purchases. Material financing can help you delay the payment of material invoices for up to 120 days. Underbidding.

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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Part of the service includes providing aggressive development assistance in the form of tax credits and financing programs. FINANCING & GRANTS. Loan term is generally 15 years for real estate intensive projects and five to 10 years for equipment projects. West Virginia is a prime location for global businesses.

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Oregon Incentives and Workforce Development Guide

Business Facilities

The program helps innovative, knowledge-based industry companies create more high-paying jobs in Oregon by helping to offset a company’s expansion costs with forgivable loans based on the anticipated increase in income tax revenue due the state from the new jobs created. This simplifies and speeds up the rebate process. loan origination fee.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Express Bonds: are placed with the borrower’s bank; and . They provide long-term financing for land, buildings and equipment.

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South Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Bond Financing: Provides small businesses with access to the public bond market. All projects must meet one of HUD’s national objectives, with the primary objective to benefit people of low-moderate income (LMI). The REDI Fund is one of South Dakota’s primary economic development financing tools.

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

You are not a bank so never, ever use your high interest credit cards and supplier accounts to provide financing to your customers in the form of providing a lot of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. Answer #3 - Contractors Are Not Bankers.

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