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NEPA Alliance Business Finance Corporation has Small Business Administration 504 Loans available for eligible Small Businesses in Pennsylvania.
Financing Structure
A bank or other lender finances 50% of the project cost and takes a first lien position on the assets financed.The SBA 504 loan finances 40% of the project cost up to $5.5 million and takes a second lien position. The borrower then contributes a down payment of as little as 10% .
SBA 504 Loans Offer Small Businesses:
- Fixed Rate Financing
- Long Term Maturities (10 & 20 Years)
- Minimum Equity Requirements – Saving Working Capital
*Eligibility Criteria and Fees Apply*