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Government Program
Facts | Loan Worksheet | Loan
Calculator
Government
Program Facts
SBA
504 Program, Benefiting Borrowers…
Long-Term Financing
Fully amortized loans featuring terms of 20 years for real estate, 10
years for machinery and equipment.
Low Interest
Rate
Fixed rates
Low Downpayment*
Up to 90 percent of the project cost may be financed
Flexible Structuring
Finance projects valued from $125,000 to $5,000,000-plus
and
Bankers Alike
Community Reinvestment
Act Impact
Creates awareness of your institution's commitment to reinvestment in
the local community
First Lien Position
First lien position on projects assets financed
Collateral Coverage
Fifty percent loan-to-value on collateral
Some
project financing may require more than 10% down.
All financing is subject to credit approval*
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