Could FDDC be your lending partner?
FDDC partners with lenders by utilizing the SBA 504 loan program for fixed asset projects. We can work with you to benefit your small business client on their new or expansion project. Eligible costs include:
- Purchase of land
- Construction costs for a new building
- Purchase of an existing building (including the purchase of an existing business-structured as a fixed asset purchase)
- Modernize, renovate, or improve a building
- Purchase of machinery and equipment
- Contingency reserve
- Professional fees
- Interim financing points and interest
- Refinancing with or without expansion