Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Page 17
Page 18
Page 19
Page 20
Page 21
Page 22
Page 23
Page 24
BAYAREADEVELOPMENTCOMPANY3Helpingsmallandmid-sizedcompaniesbuythespacetheyneedtogrowtheirbusinesseswiththebestpossiblefnancingtermsandallowingthemtopreservemaximumworkingcapitalhelpsourclientscreatemorejobswhichisthecoremissiono504lending.Thishasnotwaveredthroughoutthegreatrecessionortherecovery.504fnancingworksbestortheseentrepreneursbecauseitSpecializesonlyinsmallbusinessowner-occupiedcommercialrealestateLeveragestheSBAguarantywithprivatelenderfnancingandexpertiseIsdeliveredbyCDCsthelowestcostserviceprovidersinthemarketplaceProvidesaWindowtoWallStreetorAmericassmallbusinessesProvidescapitaltoAmericassmallbusinessesatthelowestpossiblecostThegreattermsobtainedthrough504fnancingprovidetheuelsmallbusinessentrepreneursneedtoexpandandcreatemorejobs-butthereismuchmorethat504couldaccomplish.Theotheressentialingredienttotherecoveryistohelpthesuccessulsmallcompaniesthatsurvivedthegreatrecessionoptimizetheirexistingdebtstructuresotheycansustainthejobstheyhaveandimplementuturegrowth.504refnancingwasenactedbytheSmallBusinessJobsActo2010inordertoaddresstheneedsogoodcompaniesthatalreadyowntheirownpropertiesandarecurrentontheirexistingloansbutaresaddledwithpoorlystructureddebtorhaveequitytrappedintheirrealestate.Thetremendouslyimprovedtermsprovidedby504refnancinghelpthesecompaniesbecomemoresustainablebusinessesandtogrowandcreatejobs.Unortunatelythe504refnancingprogramsunsetin2012buteortsareunderwaytore-enacttheprogram.Doingsowouldprovideaverysmarttooltobothsustainandcreatesmallbusinessjobswhichareoparamountimportancetoourcountrysrecoveryandlongtermeconomicsuccess.ACCOMPLISHINGANDMAXIMIZINGTHE504MISSION