Loan Amount: $229,242
Business Type: Real Estate Broker
Date Funded: Q 1 2014
Appraised Value: $438,000
Location: Orange County, CA
Eligible Uses of SBA’s 504 Loans
Proceeds from 504 loans must be used for fixed-asset projects such as:
- Purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping.
- Refinance certain owner-occupied real estate mortgages (not involving expansions) into long-term, fixed rate loans.
- Construction of new facilities, or modernizing renovating or converting existing facilities.
- Purchasing long-term machinery and equipment.
Lear more about how the SBA offers new loan terms available to real estate brokers & agents. LEARN MORE
NonBank Lender helps small business owners get funded through the SBA 504 program. Secure the capital your business needs to grow at 5-7% interest rates.
At NonBank Lender, we pride ourselves on helping you grow your business. Fill out the form below for a free assessment of your project. Let us build a financing solution that is just for you. Reject the one size fits all approach, you deserve better.
GET MY FREE ASSESSMENT