We would like to recognize new loan recipients and bankers for their commitments to our program through success story series.
Integrity Funeral Services, Waterford
In May 2015, the Schweitzer’s made a commitment to grow their business in Waterford by purchasing its previously leased building. BLP partnered with Community State Bank to assist Integrity with the real estate purchase... read more
Vista Dental Products, City of Racine
With diligent work between Racine County Economic Development Corporation’s staff (Business Lending Partners parent company) and Wisconsin Bank & Trust, Vista Dental Products was approved for State of Wisconsin income tax credits of $400,000 typically used over 3 years as jobs are created... read more
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BLP is proud to announce its participation in the VetLoan Advantage program. BLP offers the largest savings on the SBA 504 program than any other SBA 504 processor in the State of Wisconsin for loans to veteran owned businesses. BLP is offering these savings to assist in NADCO and SBA's efforts to assist Veterans by offering discounts on the SBA 504 program to businesses that are at least 51% owned by military veterans.
About the SBA 504 Program
The U.S. Small Business Administration (SBA) 504 Loan Program provides long term, fixed rate direct loans for real estate and equipment needs. The SBA was established in 1980 to provide small businesses with alternative, beneficial financing options to help businesses grow and create jobs for their communities.
The SBA utilizes Certified Development Company's (CDC's) to process and administer the loan program on its behalf. Business Lending Partners (BLP) has been certified by SBA since 1985 to provide 504 loans throughout the State of Wisconsin and is the only CDC headquartered in Southeast Wisconsin.
In addition to the SBA 504 program, BLP administers a variety of community loan programs throughout Racine and Waukesha counties. BLP staff has expertise with many other county, state, and federal resources. We work closely with small businesses and lenders to provide knowledgeable information on the various products available to finance business growth.