Typical Loan Structure
With Nedco, typical loans are anything but!
To view more on the SBA 504 program, please see Everything 504.
PROJECT COST | 50% | 40% | 10% |
SOURCE | Financial Institution | NEDCO | Borrower |
LIEN | 1st | 2nd | |
FUNDING LIMIT | None | $50,000 - $5,000,000* | |
RATE | Market | Fixed | |
TERM REAL ESTATE | 10 Years or Longer | 20 years | |
TERM EQUIPMENT | 7 Years or Longer | 10 Years |
*For non-traditional minimum and maximum amounts, see 504 FAQs.