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504 Loan Myths vs. Reality

Myth Reality
SBA is the 504 Lender
Businesses must be a poor credit risk
Borrower must meet special quota criteria
Approvals take a year
Unbankable Loans
Pound of Paper=Pound of Money
Government Bureaucracy is a Nightmare
Alacom Finance is the lender
They must be credit worthy
There are no quotas in 504 Lending
Quick in-house approvals
504 Benefits make loans meet policy
Documentation identical to banks
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