Government encourages small business to tap SBA loan program

06/22/2010 | Wall Street Journal, The

The 504 loan program from the Small Business Administration offers companies fixed-rate financing for refinancing existing mortgages, acquiring property or building or expanding their facilities. Demand for the loans has fallen over the past few years as the economic downturn kept many small businesses from growing. The SBA is encouraging small businesses to apply for the loans by offering reduced rates and deals without fees.

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Wall Street Journal, The