Business Lending Partners

10/13/2026

📢 The October SBA 504 rates are here!

This month, we’re also highlighting Advanced Building Corporation’s $3.25 million investment in a new industrial facility, made possible with SBA 504 financing through BLP and Linda Zimdars of Oak Bank.

Learn more about this project: https://blp504.org/sba-504-loan-funded-advanced-building-corporation-invests-3-25m/

10/08/2026

The U.S. Small Business Administration (SBA) has expanded its SBA 504 fee waivers for Fiscal Year 2027, creating new opportunities for eligible manufacturers, qualifying food supply chain businesses, and businesses located in rural areas.

For qualifying projects approved between October 1, 2026, and September 30, 2027, both the upfront guaranty fee and annual service fee may be waived, helping reduce financing costs for commercial real estate, equipment, facility improvements, and growth investments.

Read more on BLP's website: https://blp504.org/sba-expands-504-fee-waivers-for-fy-2027/

Have a project in mind? Contact one of BLP's Loan Officers to learn more and see if your project qualifies.

09/03/2026

🌱 Businesses investing in energy efficiency, renewable energy, or sustainable facility improvements could soon have greater access to SBA 504 financing.

Beginning October 1, 2026, qualifying SBA 504 Energy Public Policy projects will no longer be subject to a lifetime aggregate borrowing cap, giving businesses more flexibility to finance multiple energy-related projects over time.

Learn how this update can support your long-term growth and sustainability goals: https://blp504.org/sba-expands-504-financing-flexibility-for-energy-projects/

U.S. Small Business Administration

08/10/2026

Congratulations to RestoreMore Inc. on its continued growth and expansion in Racine. With support from an SBA 504 loan, the company was able to purchase and renovate a building to create a permanent home for its operations while preserving working capital with just a 10% down payment. Thank you to Barry Fries of Johnson Financial Group for partnering with BLP on this successful project. We look forward to seeing RestoreMore continue to grow and serve Southeastern Wisconsin for years to come.

Learn more about this project: https://blp504.org/blp-supports-restoremores-expansion-in-racine-with-an-sba-504-loan/

View the August rates here: https://blp504.org/sba-loans/rates-history/

08/04/2026

🎉 Congratulations to Vintage & Modern Books on two years in Downtown Racine!

BLP is proud to have helped support the growth of this unique Downtown Racine business. With support from Racine County Economic Development Corporation, we partnered with Josh Sopczak of Town Bank to provide the financing needed to purchase and renovate Vintage & Modern Books' Sixth Street location.

It's exciting to see Vintage & Modern Books grow into a successful small business and valued part of the Downtown Racine community.

07/30/2026

BLP is here to help with your SBA 504 financing needs. As highlighted in RCEDC's latest newsletter, SBA 504 loans can provide the long-term, fixed-rate financing businesses need to purchase real estate, invest in equipment, and support growth. If you're exploring financing options, our team is ready to help you take the next step with confidence.

Learn more about how BLP can you with your SBA 504 needs: https://blp504.org/sba-loans/

📬 RCEDC's July Newsletter is here! Explore financing and funding opportunities through SBA 504 loans, Community Loans, and matching grant programs, plus upcoming entrepreneur opportunities like BizStarts Racine and the 262 Founder Pitch. You'll also find local business success stories, development opportunities, and upcoming events designed to help businesses start, grow, and succeed in Racine County.

Read the newsletter here: https://rcedc.org/july-2026-rcedc-newsletter/

07/28/2026

Congratulations to The Lawrence Event Center on securing SBA 504 financing to help bring a premier new event venue to Menomonee Falls.

This exciting project was made possible through BLP's partnership with Kale Unangst and Wings Credit Union, supporting the purchase and renovation of a 35,000-square-foot facility that will feature multiple event spaces, a rooftop reception area, and capacity for up to 450 guests.

We're proud to work alongside Wings Credit Union to help businesses invest, grow, and create new opportunities in their communities. Best of luck to Brady Davis and The Lawrence Event Center as they bring this vision to life.

Learn more about this project: https://blp504.org/sba-504-loan-funded-the-lawrence-event-center-invests-2-25m/

The Lawrence Venue

07/17/2026

Congratulations to Harter's Lakeside Disposal LLC on its continued growth and expansion. With support from an SBA 504 loan, the company has purchased a commercial truck repair facility in Milwaukee to support its growing fleet. Thank you to David La Duke of Oostburg State Bank for partnering with BLP on this successful project. We look forward to seeing Harter's Lakeside Disposal continue to thrive.

Learn more about this project: https://blp504.org/sba-504-loan-funded-harters-lakeside-disposal-invests-2-5m/

View the July rates here: https://blp504.org/sba-loans/rates-history/

U.S. Small Business Administration

07/07/2026

We're Growing Our Team at BLP!

BLP is now hiring for a Vice President / Loan Officer to help businesses access the capital they need to start, grow, and expand. This role focuses on structuring SBA 504 and revolving loan fund financing, building relationships with lenders and business owners, and supporting entrepreneurs through the BizStarts Racine program.

If you're passionate about small business growth, commercial lending, and making an impact in your community, we'd love to hear from you.

Learn more and apply: https://blp504.org/now-hiring-vice-president-loan-officer/

06/16/2026

The latest SBA 504 rates for June 2026 are here. Visit BLP's website to view current rates and past trends: https://blp504.org/sba-loans/rates-history/

Meet your SBA resource: Dan Toll, Vice President and Credit Officer at BLP. With 33 years in commercial lending and direct SBA review experience, Dan is here to help lenders navigate and close smarter deals.

Connect with Dan for your lending needs at [email protected].