Renewable Energy Equipment Financing The SBA Green 504 loan program can be used for commercial real estate or equipment financing with maximum total project costs in the $12 to $14 million range, although larger projects are … [Continue reading] about Green 504 SBA Equipment Financing
SBA 504 Loans – “True or False” Part 1
There are numerous misconceptions about SBA 504 loans. Here are 5 biggies in True or False format: 1. You can only get an SBA loan if you can't qualify for a "regular" loan FALSE: SBA has what is called a "credit elswhere test" which states … [Continue reading] about SBA 504 Loans – “True or False” Part 1
Clean Energy Tax Credit – More Power for Small & Mid-Sized Business
The US Dept of Energy and the US Treasury have just announced a $2.3 billion tax credit program for green energy equipment manufacturers. The program provides a 30% “investment tax credit” for companies producing renewable energy equipment and it … [Continue reading] about Clean Energy Tax Credit – More Power for Small & Mid-Sized Business
Green 504 Loan: No Jobs Required
SBA 504 Loans Do Not Always Require You To Create Jobs Whoa...what? Isn't the 504 loan program a "Job Creation" program? Well, actually...yes...but, like most things, there are exceptions. Many business owners haven't heard of the SBA 504 … [Continue reading] about Green 504 Loan: No Jobs Required
Green Baby Steps
The whole concept of "going green" has been around for decades, but it hasn't exactly been in the forefront of our collective consciousness until the last few years. It became a hot topic last year when gas prices were nothing short of ridiculous, … [Continue reading] about Green Baby Steps
Out of SBA 504 Eligibility? Go Green and Get More
There has been much discussion the past 6 months about the benefits of the American Recovery and Reinvestment Act (aka the "Economic Stimulus"), but one major benefit that has largely escaped media attention is that small and mid-sized businesses … [Continue reading] about Out of SBA 504 Eligibility? Go Green and Get More
Why Your Business Should Go A Little Green
All things being equal, I have always assumed that the typical consumer might elect to patronize a green business vs. a non-green business, so I was pleasantly surprised when I ran across a survey from last June that confirmed this very … [Continue reading] about Why Your Business Should Go A Little Green
Commercial Cash Out Refinance Loan
Update: March 2013: The cash out refinance program mentioned below was eventually approved, but business owners only had 14 months to take advantage of it before it expired. A new bill - The CREED Act - has been put forth that would bring back the … [Continue reading] about Commercial Cash Out Refinance Loan
10% Down Commercial Loans
10%, that's all. Ten percent down is the minimum required down payment for most borrowers with the SBA 504 program. The 504 is an excellent commercial real estate loan program because it provides great leverage and the SBA guarantee provides the … [Continue reading] about 10% Down Commercial Loans