Through November 1, 2019, which is one month into the new fiscal year (2020) for the program, SBA 504 loan originations were up a whopping 35.5% compared to the prior year, reaching $656.4 million year-to-date in FY2020 versus $484.4 million during the same period in...
Fed Rate Cut, Easing Worries Over Trade and Economic Growth Propel Bank Stocks in September. The dark clouds of worry that caused a general stock market decline that hit the banking sector particularly hard in August gave way to a much less pessimistic attitude in...
Through September 30, 2019, which is the end of the fiscal year for the program, SBA 504 loan originations were up 4.3% compared to the prior year, reaching $4.96 billion year-to-date in 2019 versus $4.75 billion during the same period in 2018. This reflects a...
Through September 6, 2019, SBA 504 loan originations are up 4.7% compared to the same period in the prior year, reaching $4.64 billion year-to-date in 2019 versus $4.43 billion during the same period in 2018. This reflects a deceleration in originations over the past...
Through August 9, 2019, SBA 504 loan originations are up 7.2% compared to the same period in the prior year, reaching $4.26 billion year-to-date in 2019 versus $3.98 billion during the same period in 2018. This reflects a substantial acceleration in originations over...
Through June 28, 2019, SBA 504 loan originations are up 5.4% compared to the same period in the prior year, reaching $3.59 billion year-to-date in 2019 versus $3.40 billion during the same period in 2018. Despite this growth, the unpaid principal balance of...
The SBA developed the 504 Certified Development Company Loan Program (the “SBA 504 Program”) to promote economic development and create jobs. Under the SBA 504 Program, a bank, credit union, insurance company or other financial institution, including...
The Fund expects that Fund investors that are subject to examination for CRA compliance may seek favorable regulatory consideration of their Fund investment under the CRA. At the time of an investment in the Fund, an investor that meets the minimum investment...
SAN JUAN, PR — Bluestone Capital Partners LLC announced the opening of its new headquarters location in San Juan, Puerto Rico on January 1, 2019. In addition to this location, the firm maintains an office in Wayne, Pennsylvania. Bluestone Capital Partners (BCP)...
