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What qualifies for an sba 504 loan?

The SBA 504 loan will provide financing for:

  • Purchase of land.

  • Purchase or construction of a building.

  • Renovation, including leasehold improvements.

  • Purchase of machinery or equipment with a minimum useful life of ten years.

  • Related soft costs, such as construction period interest, professional fees, and standard real estate closing costs.

  • Refinancing of existing debt under certain circumstances as of 3/1/11.

The SBA 504 program financing may not be used for:

  • Working capital.

  • To acquire property for purely investment purposes.

DelVal Business Finance Corp.
344 Baltimore Street
Gettysburg, PA 17325
Tel: 717-420-5925
E-mail: mschwartz@delval504.com