We Adore the SBA 504

The Small Business Administration (SBA) has instituted a new policy that allows the SBA 504 loan program to be used to improve the cash flow of a small business by restructuring its existing debt - provide the company is expanding and purchasing building or equipment. An article on The New York Times website, "From the S.B.A., Another Small Step", gives an overview. For a fact sheet from the Small Business Administration, click here.

For more information on how Hickman County business can utilize the SBA 504 program to improve sustainable economic development, feel free to contact me or check out www.business.hickmantn.org .