Up to 90% financing on Commercial Real Estate and Equipment
25 year Fixed rate financing
Low down payments, typically 10%
Borrow up to $5 M from SBA
up to $5.5 M for being Energy Efficient If the Project to be funded satisfies one of these goals, the Project is eligible even if the Project does not meet the job creation or job retention requirements a. Reduction of existing energy consumption by at least 10% b. Increased use of sustainable designs c. Plant, equipment and process upgrades of renewable energy sources such as the small-scale production of energy
or Small ManufacturerSBA defined as a business with its primary NAICS Code in Sectors 31, 32, and 33 and all of its production facilities are located in the US. Benefit from SBA financing as $5.5M is available to them PER PROJECT. Job creation requirement is 1 job for every $120,000 borrowed from SBA.
Most for profit Small BusinessesSmall business is either: net worth of $15.0 million & net profits after taxes under $5.0 million OR meet SBA's other size standards (by scales or number of employees depending on SIC code)are eligible to participate