Does Your Small Business Qualify for an SBA 504 Loan?
If all the above questions are answered as YES, the business will typically be eligible for an SBA 504 loan.
Loans can be made to a small business, whether it is a start-up or an existing business. A start-up business requires an additional down payment of 5% of the project costs. Start-up businesses will require a business plan and reasonable projected financial statements. Please visit resources to assist you with these projections.
Contact one of our knowledgeable team members today to discuss your project and how the SBA 504 Loan Program can work for you.