Start-Up Financing | SBA Loans | Unsecured EIN Business Credit Building Tradelines Bad Credit Lines

Smart biz loans, Guidant Financial, CreditSuite.com, credit suite, Startup Business Funding, Unsecured Loans, Retirement Financing, 401k IRA Loan, Small Business Loan, SBA Guaranteed Financing, Franchise Capital, Simple IRA, 401k, IRA, SEP-IRA, Money Purchase, Stock Bonus Plan, Profit Sharing, 403b, 457b, Thrift Savings Plan, Roth 401k, Designated Roth Account, Startup Funds, Bad Credit! Start-Up Financing | Account Receivables Financing | South End Capital Stearns Bank SBA 7(a), SBA 504, USDA Loans | Franchise Financing | Working Capital Loans | Merchant Cash Advances | Project Financing | Bridge Loans & Hard Money Loans | Lines of Credit | 
Debt Restructuring | Business Acquisitions | Purchase Order Financing | Business Credit Building | Construction Financing | Commercial Real Estate Financing | Mergers & Acquisitions | Fix Flip Rehab Rental Financing | Development Financing | Unsecured Lines of Credit | Church Financing .
Showing posts with label renovating. Show all posts
Showing posts with label renovating. Show all posts

Tuesday, April 2, 2019

Acquisition And Development Financing

Acquisition and development financing involving a SBA "Certified Development Company" (CDC) provides you with long-term, fixed-rate financing for major fixed assets (land, buildings, etc.).

This program contributes to community economic development. The CDC works with commercial lenders to provide financing to businesses.

This program includes a loan from a commercial lender that covers 50% percent of the project and a second loan for up to 40% of the project cost from the CDC that is 100% SBA guaranteed for a combined 90% LTV.

Funding from this program can be used for:

Purchasing land and improvements, including existing buildings
Grading, street improvements
Utilities, parking lots and landscaping
Construction of new facilities
Modernizing, renovating or converting existing facilities
Purchasing long-term machinery and equipment

The loan program cannot be used for: Working capital or inventory, consolidating or repaying debt, or refinancing.