Go Green to Qualify for Additional SBA 504 Financing
Small businesses looking to grow and expand their operations through the purchase of commercial real estate and “go green” can benefit both the environment and their bottom line with up to 90% fixed interest rate financing under the SBA’s 504 Green Loan Program offered through Success Capital.
Lowering operating expenses without impacting your company’s quality or productivity makes good financial sense. Reducing your company’s energy consumption is an ideal way to accomplish this.
Success Capital’s 504 Green Loan Program is an effective way for businesses to get financing with below market interest rates (fixed for 20 or 25 years) and a 10% down payment. By including energy-efficient upgrades into the project, business owners can dramatically increase their long-term savings as well as reduce their out-of-pocket costs. Business owners can increase their ability to borrow by up to an additional 10% or $5.5 million for each project.
Contact us for more information about how the Success Capital Green Loan program can help you with your projects.