|
Who
Qualifies For An SBA 504 Loan
DelVal will evaluate the business to determine if it's a
candidate for an SBA 504 loan.
In order to be
eligible for 504 financing a business must:
-
Be a
for-profit corporation, partnership, proprietorship, or
limited liability company.
-
Have a net
worth of less than $7.5 million and an average income, after
federal income taxes for the preceding two years, of less than
$2 million.
-
Create
employment opportunities (retention in certain circumstances).
Businesses
that are ineligible for 504 financing include:
DelVal Business Finance Corp.
6100 City Line Avenue - Suite P-218
Philadelphia, PA 19131
Tel: 215-871-3770
E-mail: mschwartz@delval504.com
|