Sign up for WBD's two-day, in-person training for a practical, beginning-to-end understanding of the SBA 7(a) loan lifecycle.
Eligible borrowers can now access up to $10 million in total SBA financing by using both programs—up to $5 million in 7(a) and an additional $5 million in 504 financing.
WBD is pleased to announce the addition of Wesley Walsh as Vice President – Loan Officer, expanding our support for small businesses, bank and credit union partners across southeast WI.
With severe weather season underway, WBD's Servicing Team is here to help borrowers with insurance claims and checks.
Temporary SBA 504 fee waivers reduce financing costs for eligible manufacturers, supporting growth and domestic production.
Congratulations to WBD borrower Reader Precision Solutions for being named Wisconsin Manufacturer of the Year during the recent awards ceremony.
Make SBA 504 part of your spring plans! Rather than viewing the 504 as a fallback, experienced lenders and advisors are positioning it early as a strategic financing tool.
Unable to attend our April seminar series events? Don’t worry—we’re back with a second round this June! Click here to register and learn more.
WBD is pleased to recognize Dave Kruck, senior vice president and business banker with Horicon Bank, who recently completed his 10th SBA 504 loan with WBD and is recognized as a WBD Elite Lender.
Read this article for a summary of the updated borrower credit characteristics based on WBD’s internal credit scoring at the time of approval.
Registration is now open for WBD’s Fundamentals Workshop on Wednesday, May 13 at Kalahari Convention Center in Wisconsin Dells!
WBD’s Seminar Series returns April 2026. Register for one of our free seminars featuring small business financing insights, SBA 504 Loan Program updates, and real-world case studies.
The SBA 504 loan program is a powerful tool to help your clients finance major equipment CAPEX projects while strengthening your financial institution’s competitive position.
Lenders have seen a rise in SBA loan defaults, prompting many institutions to revisit their litigation plan procedures to ensure compliance with SOP 50 57 4, which became effective on Nov. 1, 2025.
The 2025 NAGGL Fall Conference brought together SBA lenders, policy experts, and industry leaders to discuss the evolving landscape of 7(a) lending.
WBD President, Jason Monnett, is pleased to announce the organization's senior management team, including several promotions ahead of WBD's leadership transition.
WBD’s leadership bestowed the honor of inducting Patrick Schloss into its Hall of Fame during the meeting of its board of directors in November.
WBD, Inc. is pleased to announce Jason Monnett has been named President effective January 1, 2026.
WBD announces Phil Whitehead as the eighth inductee into its prestigious Hall of Fame Lender Team, celebrating his achievement of 20+ SBA 504 projects.
Your partnership with our team during the 2025 fiscal year helped WBD stand out as the Number One CDC in the Midwest and #9 in the USA.
WBD is optimistic that the current federal government shutdown will soon be reaching an end. WBD’s team remains hard at work processing new and existing SBA 504 loan applications.
WBD welcomes Sean Fitzgerald as the new communications and marketing manager, succeeding Lance Walter following his retirement after 10+ years with WBD.
WBD congratulates Jared Leis, who is the 70th distinguished lender to achieve WBD Elite Lender Status.
Following the October 1 government shutdown and suspension of most SBA operations, WBD is monitoring the situation and available to answer questions.
To support the Made in America initiative, the SBA has introduced fee waivers for manufacturers for the first time! Effective October 1, 2025, for 504 loans to manufacturers.
WBD recognizes Matt Wilcox as the newest inductee into the Hall of Fame Lender Team, celebrating his remarkable achievement of 20 SBA 504 projects.
The SBA's new MARC program provides flexible revolving credit for small manufacturers, with applications opening October 1, 2025.
WBD spotlights Board Member Bill Mitchell and his podcast, ConversActions, a growing resource for entrepreneurs and business leaders.
WBD is proud to unveil an initiative designed to support veterans: legal fee coverage by WBD up to $3,500 to Veteran-Owned Businesses applying for new SBA 504 loans.
WBD analyzed credit scoring data from its nearly $1.1 billion portfolio of 1,700+ loans to identify the profile of a typical SBA 504 borrower.
Jeff Liddicoat joins nearly 70 distinguished lenders with WBD Elite Lender Status.
The WBD team attended the Wisconsin Lenders Conference, connecting with lenders, attending sessions, and networking throughout the day.
At the 2025 Spring NAGGL Conference, leaders stressed the importance of strengthening the SBA 7(a) program's finances.
Mark and Shawn Bula of Signature Farms were named Wisconsin SBA Small Business Persons of the Year and National First Runner-Up during National Small Business Week.
WBD attended the NADCO Spring Summit to receive updates, advocate for the SBA 504 Program, and support the Made in America Manufacturing Finance Act on Capitol Hill.
WBD's Summer Seminar Series is coming soon, featuring 504 program updates from our loan officers and a post-session Happy Hour. Register today!
SBA 504 loans can support multiple operating companies within a single project. The 504 loan provides flexibility for businesses looking to expand, consolidate. or make improvements.
Preparing for SBA 1502 reporting changes? WBD Service Company can help guide your transition with available SBA resources and support.
WBD recognizes Luke Hagel as an Elite Lender and Hall of Famer for partnering on more than 20 SBA 504 loans!
WBD's FY 2024 Annual Report highlights financial results, job creation, mission impact, business videos, and lender services updates.
A recent Forbes Magazine article highlights significant changes to the SBA 504 Refinancing program. Click here for some key points!
WBD is proud to welcome Margaret Capper, SVP, Commercial Lending Manager at North Shore Bank, as our newest Elite Lender!
Congratulations to Rob Wyman, Vice President at Incredible Bank, for achieving the status of Elite Lender!
A great time had by all at the 2024 WBD Elite Lender Golf Outing at Lawsonia Golf Club! Have a look at our pictures from the day's event.
The SBA's rule changes, effective November 15, 2024, will help your business borrowers in a number of ways, including making it easier to refinance debt.
Also, the new rule change...
Congratulations to Ted Gunderson, SVP - Business Relationship Manager at Lake Ridge Bank in Madison, for achieving the status of Elite Lender!
Whatever it may be, SBA is usually a good mitigant to help get a deal done no matter what challenges lenders may face.
We work hard to keep WBD an effective, professional, trusted partner for all your SBA 504 needs. Make no mistake, building great relationships with lenders is a big part of our job and we...
Congratulations to Justin Harings, Community Bank President at CCF Bank, for achieving the status of Elite Lender!
For months now we have all heard rumblings of the Working Capital Pilot (WCP) Program that can assist lenders in providing additional working capital options for borrowers. Having taken effect...
SBA’s Office of Credit Risk Management (OCRM) is responsible for the oversight of SBA lenders and their 7(a) and 504 loan portfolios. OCRM’s mission is to maximize the efficiency of...
Salute the Troops, based in Fond du Lac, is an organization we're proud to call a Mission Partner and to see the impact they've made with support from WBD. Their mission is to assist local service...
WBD has been offering Simultaneous Closings for several years. Simultaneous Closings streamline the 504-loan closing & funding process and make things easier for your borrowers.
Congratulations to Jim McNulty, Senior Vice President at Oak Bank, for becoming our newest Elite Lender!
Congratulations to Jeff Vohs, Stateline Market President at CBI Bank & Trust, who is our newest Elite Lender!
WBD proudly supports Milwaukee Tech in their effort to address the city's startup funding deficit. Milwaukee Tech is a non-profit membership organization that serves as a unifying voice for their...
Employee Stock Ownership Programs (ESOP) grant workers ownership stake in the company as part of their overall compensation package, typically in the form of retirement assets.
Thanks again for registering for our Seminar Series event. In case you weren't able to attend, no worries, we've got you covered.
In the link below feel free to open and download our...
Perhaps if more individuals knew about the low equity requirement of the SBA 504 loan program, it could encourage more individuals to open their own facility.
WBD is a proud supporter of Family Friendly Workplaces, based in Woodville, WI. Their Executive Director, Neil Kline, believes in their mission of addressing western Wisconsin’s workforce...
Thank you for attending our workshop! If you weren't able to join us, we've got you covered.
In the links below you'll be able to open and download our presentation and our Lender...
WBD's Seminar Series is Coming Your Way in June!
WBD’s Seminar Series is headed your way and we hope to see you there! WBD loan officers will provide updates on the 504 program and...
In the coming weeks and months, there's a good chance you'll be hearing from business owners who will be asking about the SBA 504 loan. That's because we've stepped up our outreach with Wisconsin...
WBD supports the Wisconsin Economic Development Association (WEDA) in their efforts and vision in making Wisconsin a better place to live and work through economic advancement. Through advocacy,...
When it comes to the SBA, the emphasis on 'small' is unmistakable. WBD loan officers can help you and your customers explore how big, “small” can be.
Congratulations to Seth Wage, Vice President, Commercial Banker, at Peoples State Bank in Wausau, WI, who is our newest Elite Lender!
The 504 program is known for providing long-term fixed rate financing, but the program’s other benefit – the low down payment requirement – can be more meaningful to business...
WBD is proud to support the Madison-based Latino Academy of Workforce Development as a 2023 Mission Partner. Their mission helps to strengthen their diverse communities by providing linguistically...
In 2015, Owen Jones and Richie Bassi acquired Tommy Docks, a Weston, Wisconsin-based manufacturer specializing in high-quality do-it-yourself dock systems and accessories. Despite initial...
EIDL loans have become a hot topic in SBA lending and more and more often we are hearing from lenders that need servicing actions completed on those loans for routine business transactions.
WBD is proud to have New North, Inc. as a Mission Partner. New North is a regional marketing and economic development corporation fostering collaboration among private and public sector leaders...
WBD congratulates Eric DeJardine, Vice President at Nicolet National Bank in Sister Bay, WI, who is our newest Elite Lender!
We’re proud to support Wisconsin Rural Partners (WRP), an organization that helps convene rural communities around economic development issues throughout the state of...
Great news for lenders who use the 504 program! Due to recent changes, all 504 loans now qualify for Credit Under the Community Reinvestment Act.
WBD's Annual Report is here and ready for your perusal. You'll find information on our fiscal year financials, job creation efforts, and mission support details as well. Also, this year we...
As bankers, you see a wide range of business situations. The key is recognizing how to best position growing customers for success—and remembering how an SBA 504 loan can support their...
WBD is excited to partner with Red Letter Grant to support and empower women throughout west central Wisconsin! Our partnership with Red Letter Grant and many other organizations is part of our...
Thank you for attending our Webinar! And if you weren't able to join us, we've got you covered.
In the links below you'll be able to open and download our Webinar presentation and/or view...
Here is a great opportunity for your bank or credit union's SBA Support Staff and Closing Team!
If you or your lending institution's Closing Team and/or SBA support staff have ever dealt...
Over the past few years appraisals have been causing more than a few problems. Generally, the trend is for appraisals to come in short. Fortunately, the SBA 504 program may be able to help!
WBD is pleased to recognize the efforts of Brent Benjamin of Bank Five Nine in Milwaukee as he becomes WBD's newest Elite Lender.
WBD is pleased to recognize the efforts of Tom Brickley, of Summit Credit Union as he joins WBD's Elite Lenders!
While the SBA requires an Environmental Report on all real estate projects, the type of report varies depending on a number of factors.
Rising rates are causing pain for some SBA 7(a) borrowers, but WBD and the 504 loan can help! Read this article to find out more.
We’re Coming to a City Near You in 2023!
WBD’s Seminar Series is headed your way and we hope to see you there! WBD loan officers will provide updates on the 504 program and...
WBD helps bankers facilitate partner buyouts, using SBA 504 financing to preserve cash flow and leverage real estate equity when ownership transitions occur.
The SBA 504 program can help facilitate borrowers owning their own commercial real estate and provide both short term and long term benefits.
WBD is pleased to recognize the efforts of Eric Hesselink of Summit Credit Union as he becomes WBD's newest Elite Lender!
Every year, WBD participates with multiple lenders on complex change of ownership transactions that include the purchase of real estate.
WBD is pleased to recognize the efforts of Joe Nelson of Bank First as he becomes WBD's newest Elite Lender!
The SBA 504 loan program has long been known to help improve a borrower's creditworthiness by providing your financial institution with a credit enhancement.
The Five Percent: Managers Who Take Ownership
Managers who take full responsibility with energy, humility, and pride are rare and valuable. They’re essential to success and growth...
Contact WBD:
5202 Eastpark Boulevard, Suite 109
Madison, WI 53718
5202 Eastpark Boulevard, Suite 109
Email: wbd@wbd.org
Phone: (608) 819-0390
Fax: (608) 819-0393
Hours of Operation:
Monday – Thursday: 8:00 AM – 4:30 PM CST
Friday: 8:00 AM – 3:00 PM CST
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