Can the SBA 504 Loan make a difference in our Economic Crisis?

10 comments

October 15th, 2008 | 08:01 am

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10 Responses to “Can the SBA 504 Loan make a difference in our Economic Crisis?”

Clorse Dale Says:
October 15th, 2008 at 11:28 am
Chris,
That was a great article. Is there a decline in the number of loan requests? Or have the banks and SBA made the process too difficult? Keep up the good work with MCC. I've followed your progress for the years since you got started. Hope to bring a project in the near future.
Clorse Dale
Dwight Says:
October 15th, 2008 at 11:56 am
Chris -

Excellent article!

Dwight
FFCFC
Judd Basse Says:
October 15th, 2008 at 3:44 pm
Chris–Great article….Keep the pressure on
Washington. The entire country needs the 504
and all other programs that can/will help small
business people….Thank you…
Mitch Says:
October 15th, 2008 at 5:14 pm
Chris for President! As always, a well written article. Keep up the good work, MCC!
Christopher Antony Says:
October 15th, 2008 at 6:54 pm
Certainly most, if not all, of the mainline sites [MS Money/Mottley Fool/Mad Money/DJ] could use your eye-opening data. Too often we all gloss over the details
Robert Seagreaves Says:
October 18th, 2008 at 8:25 pm
Chris,

Thanks For another great article.Whatever we can do to help your efforts to make it happen let your readers know , you have my support.

Robert
Nazir Molu Says:
October 20th, 2008 at 11:37 am
Based on the feedback from Bank, the SBA has frozen all new loans? Is this true?
Thanks for a great article…
Nazir
Jeff Rauth Says:
October 22nd, 2008 at 8:59 pm
Your point regarding why the SBA 504 cant be used for refinance is huge . And that the 7a floats is often the worst thing for the borrower. How they came up with a qtrly adjustable program is beyond me. Its supposed to be a safe, goverment sponsored program…

It reminds me of the goverment program that was created to elimate spamming on the internet - no bs the acronym for it is called CANSPAM
Marin Says:
November 13th, 2008 at 8:48 am
Article is informative. Thank you for the valuable information.
Rob K Says:
April 29th, 2009 at 10:36 pm
CDC' are the ones destroying SBA 504 loans
During this hard times, they only care about getting their monthly fees paid. Helping small business is not their mission. Their agenda is opposite: prevent by any means existing borrowers from getting any relief available by SBA today