Recent Loan Fundings

  • Industrial & Commercial Ship Repair - $520,000
  • Graphics Arts Advertising Agency - $120,000
  • Commercial Contractor - $140,000
  • Prosthetic & Orthopedic Supplier - $580,000
  • Industrial Metal Tool & Die Manufacturer - $491,000
  • Dental Office - $612,000

News

President Obama signs H.R. 5297 into Law - September 27, 2010

A number of very substantial benefits for America’s small businesses were incorporated into the H.R. 5297 - the Small Business Jobs and Credit Act of 2010, that became law on September 27, 2010..   Included in the legislation are major enhancements to the SBA 504 loan program.  As a result of the legislation, many more small business owners across the country now qualify to receive SBA 504 loans.  The net worth for companies to be eligible for an SBA 504 loan was increased, maximum loan size was raised and refinancing of existing debt was also approved.  Give us a call and we will discuss the details with you.

ABOUT TIDEWATER BUSINESS FINANCING CORPORATION

A business financing option that's too compelling to ignore...

Tidewater Business Financing Corporation (TBFC) is a non-profit corporation formed in 1983 to promote commercial and industrial growth throughout Virginia and Eastern North Carolina. We serve as a resource for small businesses in need of permanent financing to acquire fixed assets.


TBFC is certified by the U.S. Small Business Administration to provide permanent financing through the SBA 504 Loan program. We provide long term financing at very competitive interest rates for the purchase of fixed assets including land, buildings, and heavy equipment.


Over the past 28 years, TBFC has loaned more than $150 million enabling 400 small businesses to expand and prosper.