Monday, August 27, 2012

SBA-504 loans GREEN


Small and medium businesses "go green" are now eligible for more commercial real estate and equipment loans through the SBA-504 loan program. "Going Green" is not only good for the environment, but now good for your wallet. Some of the new reasons to consider a loan of SBA-504 include:

• Renewable energy financing equipment and green
• Up to 90% financing available
• The lenders are financing these government guaranteed loans conventional loans
• A green retrofit refinance is now available
• The amortization term loan with fixed interest rates
• SBA guaranty fees in the course of withdrawal
• Businesses with a net profit of up to $ 3 million eligible
• maximum loan amounts over $ 10 to 15 million
• With "Going Green" your business can take advantage of the state and many other federal tax deductions

Some of the ways you can benefit from this program are:

• Construction of a new plant (or retrofit of an existing building) and make 10% more energy efficient
• Incorporate sustainable design for the construction or renovation of existing buildings or building you buy
• Use renewable or alternative energies such as solar energy on-site for your business
• the production of renewable energy or fuel for other utility companies or local

This program made it possible for companies which normally do not qualify because they are too large or the property they are buying is too big to qualify and take advantage of the SBA-504 loan. This is one of the best programs I have seen available in a long time. Do not miss this opportunity.

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