Council Finance, Inc. recently held its 31st annual meeting at the West Central Texas Council of Governments in Abilene, TX. Lance Donathan of F&M Bank was recognized for his participation in the U.S. Small Business Administration 504 Loan Program.
Since 1983, Council Finance has been a U. S. Small Business Administration Certified Development Company (CDC), serving the state of Texas with focus on the 19 counties of the West Central Texas Council of Governments. As a CDC, they contribute to economic development by working with the Small Business Administration and private-sector lenders to provide financing to small businesses through the SBA 504 Program.
The 504 Program enables expanding businesses or new businesses to secure long-term, fixed-interest rate loans for the purchase of land and buildings as well as remodeling and construction.
For more information please visit: www.councilfinance.org.
