Roundtable discussion on REAL 504
Small business owners, the National Association of Development Companies (NADCO), the US Small Business Administration (SBA) officials and elected leaders will gather to discuss the Real Estate Advantage Loan (REAL 504) program and its necessity for growing Colorado’s economy.
The roundtable will specifically address how small businesses in Colorado have benefited from the REAL 504 program and the now expired debt refinancing legislation.
The REAL 504 loan initiative is a long-term financing tool that provides small businesses with long-term, fixed-rate loans with down payments as low as 10%. Leveraging this program, Certified Development Companies (CDC) work with the SBA and private sector lenders to provide financing to small businesses at a time where accessing capital continues to be a challenge.
NADCO is the trade association of SBA lenders including CDCs, nonprofit companies that have been certified by the SBA to provide financing for small businesses under the SBA 504 Program. NADCO represents nearly 270 CDCs, serving all 50 states. In 2013, the industry provided $5.1 billion to nearly 8,000 U.S. small businesses. In Colorado alone CDC’s help over 300 small businesses secure over $160 million in capital creating jobs and growing communities.
Monday, May 5th, 2014 – 10:30 AM
Synergy Physical Therapy and Wellness, PLLC
1080 Eagleridge Blvd., Unit G,
Pueblo, Colorado 81008.