Are you exploring funding options to grow your small business? A 504 SBA Loan may provide the capital you need for a pending corporate expansion. This government-funded loan program was specifically designed for entrepreneurs that:
- Run a for-profit, US business
- Show tangible net worth of less than $15 million
- Average net income less than $5 million (after taxes for preceding two years)
- Demonstrate ability to repay loan on schedule based on operating cash flow
From new construction and modernizing your facility to purchasing long-term machinery and equipment, a 504 SBA loan can keep your business running at maximum capacity.