P: (262) 898-7520 | E: info@blp504.org
small business lending news located in green bay and racine serving all wisconsin
AUGUST 2021 SBA 504 RATES
25-YR FIXED RATE: 2.87%
20-YR FIXED RATE: 2.75%
10-YR FIXED RATE: 2.60%
BLP TODAY
JOIN THE RCEDC TEAM
BLP is looking for a new Loan Closer and Credit Analyst to aid in the demand of business loans needed around Racine County and Wisconsin.
WOMEN-OWNED BUSINESSES
UTILIZE BLP FINANCIAL RESOURCES
Burlington’s Skyline Landscape Design and Racine’s Renew Medical Aesthetics, both women-owned, recently expanded their businesses by utilizing BLP's financial resources.

The BLP team administers programs, which include resources to support the growth of Disadvantaged Business Enterprises (DBE), such as women-and ethnic-minority-owned businesses, and veteran-owned businesses.
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LOAN INFORMATION
NEW SBA LOAN
REFINANCE UPDATE

SBA loans can now be refinanced at six months instead of waiting two years, and if you have an existing 7(a) note that was used to purchase equipment or real estate, we can now refinance that using the SBA 504 program to lower the interest rate.

Learn more about all of the refinance updates, and contact a BLP member to see if your loan is eligible for this refinance opportunity!
CITY OF RACINE ROAD CONSTRUCTION PROGRAM

The City of Racine Road Construction Program provides 0% interest working capital loans up to $5,000 to businesses negatively impacted by construction in the City of Racine.

The targeted areas include businesses located on or near Washington Ave. between Roosevelt Ave. and West Blvd. However, other areas within the City will be considered if the business is being impacted.
LATEST NEWS
HIGH-VOLUME ACTIVITY IN 2021 FOR RCEDC TEAM
RCEDC has seen an increase in business expansions, community loans and grants, and the recruitment of new businesses and talent.

With 93 projects completed in 2020 and 69 so far in 2021, RCEDC's programs are meeting the needs of businesses.
NORTHEAST WISCONSIN'S NEWEST LOAN OFFICER
BLP is proud to introduce the newest addition to the team, Dillon Voltz, Loan Officer. 

Over the past three years, Voltz built an established portfolio in Northeast Wisconsin as a commercial lender at the Bank of Luxemburg.

For businesses and lenders located in Northeast Wisconsin, contact Dillon for you financing needs.
CONNECT WITH OUR EXPERTS
Since 1985 Business Lending Partners (BLP) has administered nearly $600 million to 500+ businesses throughout the entire state of Wisconsin. BLP is the only Certified Development Company (CDC) headquartered in Southeast Wisconsin.

Contact one of our expert staff members and see how you, your business, or your client's business can benefit from the financial opportunities we provide.