Small Business Sba-504 Loan – Small Business Opportunities

SBA-504 financing appeals to small business owners who are weary of paying rent and want to build equity for themselves. The program allows entrepreneurs to access low-fixed-rate, 20-year financing upwards of $20 million with a minimal down-payment (10%). The current SBA-504 rate is 4.94%, fixed for 20 years. The most significant advantages of SBA-504 loans include: Preserving cash to meet working capital needs Tax savings To qualify for an SBA-504 loan, businesses must be: Owner-operated For profit Organized as a sole proprietorship, corporation, partnership or LLC Have a business net-worth below $15 million and a net-profit after taxes below $5 million within the last two operating years The SBA-504 loan program was created to stimulate economic development by helping small businesses expand and create new jobs. Certified development companies like CDC Small Business Finance partner with banks to provide these specialized loans. To further help small businesses expand, the SBA-504 program includes several extra provisions, including those for energy efficiency and veteran-owned businesses. The SBA-504 Green Loan provides higher lending amounts for small business owners who want to buy or upgrade commercial/industrial buildings and make them more energy efficient. Buildings over $20 million can be financed using this unique program offered jointly by a bank and CDC Small Business Finance. Small business owners need only demonstrate a projected 10% reduction in energy costs by deploying one or more energy-saving improvements (e.g. insulation, lighting, heating/air conditioning).
For the original version including any supplementary images or video, visit


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s