Colorado Lending Source 504. So the 504 program is providing access to capital to so many small businesses and is an incredible tool for community banks as well enhancing the stability needed as we come through the backend of this pandemic. A one time origination fee of 2 65 of the sba 504 portion of the loan.
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Colorado lending source s response to covid 19. We have tools and resources to help you learn more about loan options so you can decide if one is right for your small business customer. Traditional 504 loan program regulations otherwise apply to the 504 refinance program.
We have tools and resources to help you learn more about loan options so you can decide if one is right for your small business customer.
Colorado s top 7 a lender was wells fargo bank with 117 loans valued at 44 9 million. What is the small business administration sba 504 refinance loan program. In the last six weeks colorado lending source has seen more then 60 new sba 504 applications. A one time bank participation fee of 0 5 of the bank s loan amount.
