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.
… it’s probably here somewhere
Daryl Phillips, CEcD, EDFP
I work as an economic developer consulting with communities and companies developing locations, building communities and identifying and developing workforce. However, my opinions on this blog are free and my own, as is the blog itself.
I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers.
I have earned over 20 years experience in economic and workforce development. I have earned and maintain the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council. I have earned a Master of Business Administration from Tennessee Technological University.
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