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Spanning long-term financial planning, the CDC/504 Programs provide a platform for the development of the community as a whole. The loan sanctioned under this program provides small businesses with fixed-rate financing. These finances are then utilized to acquire assets which are mainly aimed at modernization, such as commercial mortgages, street-improvement utilities, and so on. Your small business should be operated with a profit-seeking intention, but should not be engaged in the investment of real estate. How to Qualify Obtain an unsecured loan from a bank. You need a good credit history to get a loan without collateral, but if you can swing it you'll find it's the cheapest way to borrow money short term from a lender. RETURNING CUSTOMERS
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