Before I shut down for the holidays, I want to announce that beginning in 2014, the 504 program will change its rather non-descript, scarily bureaucratic, vaguely governmental name (could be a loan program, could be a nefarious mind-control initiative, who knows). Let’s ring in the New Year welcoming the Real Estate Advantage Loan program. It will provide the same type of financing and offer all of the same advantages as the 504, just with a shiny, pretty new name.
Let’s all give a hale and hardy welcome to the Real Estate Advantage Loan program (bask in the applause, look humble and… exit).