SBA Programs

For smarter Commercial Financing of:
• Real Estate
• Buildings
• Mix use properties
• Machinery
• Equipment
• Down Payment as low as 10%
• Refinancing of existing property
• Below market fixed rates
• Long term financing 10-20 years

We will help you throught the application process to start or grow your small business providing financing for:
• Inventory
• Equipment
• Marketing
• Working capital
• Up to $50,000
• Fixed rate starting at 8%
• 5 year terms
• One on one business mentoring through the life of the loan

504 SBA Loan Fixed Assets Financing
Coastal Commercial and Regional Business Assistance Corporation - RBAC

What is the SBA 504 Loan?
The SBA 504 Loan provides fixed rate financing to small business at below market interest rate to purchase commercial real estate, machinery, and equipment or for construction and renovation of commercial real estate.

How Does It Work?
• Bank (or private lender) finances 50% of the total project
• SBA through the CDC (RBAC) finances 40% of the total project
• Borrower contributes with 10% of the total project
(15% for start-up or single use building)

Advantages of the 504 Loan?
1. Lower than market, fixed rate for 10 to 20 years on the CDC portion of loan
2. Low down payment (as low as 10%)
3. Favorable bank rates - the 504 structure normally reduces risk for the bank

Who Qualifies for a 504?
• Business must have a net worth of less than $15 million
• Business must have profits after taxes of less than $5 million
• Must use the finances for a project located in the U.S.
• Business must be for profit and must occupty the real estate asset financed
• Must meet an economic development objective

Call Today! 732.297.4700 Ext. 11

We Also Specialize In:
Mixed Use • Apartment Buildings
Medical Buildings • Un-Anchored Retail • Multi-Family • Strip Malls

1882 US Highway 1--I--North Brunswick, NJ 08902-4111 NJ--I--732.297.4700--I--

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