SBA 504 financing is so often associated with hotels, restaurants, and convenience stores/gas stations that it is easy to overlook other types of businesses that are able to utilize the long-term, fixed rate program. Find success outside the norm! SBA 504 can be used for many unique fixed asset projects, related to…
- Agri-Business (dairy facilities, seed sales, livestock services, etc.)
- Assisted Living Facilities
- Professional Offices
- Self-Storage Units
- Sports Facilities
- Construction Companies
- Manufacturing
The typical 504 financing structure applies to all projects: 50% private lender, 40% FDDC/SBA 504, 10% borrower equity (unless considered a new business or special purpose property).