The SBA 504 loan program (fact sheet file size 59k) provides viable small and medium size businesses with long-term fixed rate financing for the acquisition or construction of fixed assets.
The Oakland County Business Finance Corporation (OCBFC)was certified under the Small Business Administration's (SBA) Certified Development Company program in September, 1982. The OCBFC acts as an agent to analyze, package and submit loan requests under the SBA 504 loan program. The OCBFC also acts as the serviceing agent for the approved loans. The purpose of the OCBFC is to stimulate the growth and expansion of business in Oakland County.