There have been two big qualifications requisite for an SBA 504 finance:

There have been two big qualifications requisite for an SBA 504 finance: The credit entity net income cannot surpass $5 million after taxation when it comes to preceding 2 years The credit entity cannot bring a concrete net worthy of over $15MM Aside from the qualifications specifications, there are several various other limitations to consider:… Continue reading There have been two big qualifications requisite for an SBA 504 finance:

Iowa payday financial institutions beware: brand new laws are coming

Iowa payday financial institutions beware: brand new laws are coming Just the past year, Iowa’s payday loan providers circulated much more than $220 million in short-term financing — billing an ordinary annual rate of interest in excess of 260 per cent. Naysayers whine that those sky-high rates happen to be proof Iowa’s lax loaning laws… Continue reading Iowa payday financial institutions beware: brand new laws are coming