|
|
| A Loan
Structure To Keep A Company Strong |
| The SBA 504 loan is structured to keep a healthy business
strong and growing. The business owner is usually required
to contribute only 10% of the total project cost, thereby keeping
working capital where it can do the most good... WORKING.
Another 50% is provided by a commercial lender, with DelVal,
providing the remaining 40% of the project cost. DelVal's
portion can be from $100,000 to $2,000,000 (can be as high as
$4,000,000 for manufacturing companies) at a fixed rate for 10
or 20 years. |
|
|
TYPICAL
LOAN STRUCTURE |
| |
Private
Lender |
SBA
504 |
Applicant |
| Percent
of Project |
50% |
40% |
10% |
| Collateral |
1st
Lien |
2nd
Lien |
-- |
| Dollar
Amount |
No
Limit |
$100,000
to $2,000,000 |
-- |
| Interest
Rate |
Market |
Below Market and Fixed |
-- |
| Real
Estate Terms |
10+
Years |
20
Years |
-- |
| Equipment
Terms |
7
Years |
10
Years |
-- |
|
DelVal Business Finance Corp.
6100 City Line Avenue - Suite P-218
Philadelphia, PA 19131
Tel: 215-871-3770
E-mail: mschwartz@delval504.com
|
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