Dallas Business
Finance Coorporation
Finance Coorporation
BENEFITS FOR BORROWER
* Long-term financing (10 years for machinery and equipment; 20 years for real estate)
* Fixed-interest rate for term of the loan. Interest rates are competitive and priced below
. conventional financing.
* Low down-payment (10% minimum)
* Assumable second-mortgage
* Decreasing payments every five years
* Enables the borrower to conserve working capital and retain liquidity to meet
BENEFITS FOR PRIMARY LENDER
* Lower lender risk through:
* First-lien position with low loan-to-value
* Debt service better matched to cash flow
* Working capital invested in receivables and inventory
* Comply with Community Reinvestment Act without the burden of paperwork or
. additional staff
* Freedom to set rates and fees competitively on first mortgage
* Information sharing with primary lender to reduce the borrower’s burden
. (with permission of borrower)
ECONOMIC IMPACT CRITERIA
The SBA504 loan size is linked to job creation and/or job retention. An entrepreneur can borrow $65,000 in SBA 504 loan funding for each job created and/or retained within two years.
* Long-term financing (10 years for machinery and equipment; 20 years for real estate)
* Fixed-interest rate for term of the loan. Interest rates are competitive and priced below
. conventional financing.
* Low down-payment (10% minimum)
* Assumable second-mortgage
* Decreasing payments every five years
* Enables the borrower to conserve working capital and retain liquidity to meet
BENEFITS FOR PRIMARY LENDER
* Lower lender risk through:
* First-lien position with low loan-to-value
* Debt service better matched to cash flow
* Working capital invested in receivables and inventory
* Comply with Community Reinvestment Act without the burden of paperwork or
. additional staff
* Freedom to set rates and fees competitively on first mortgage
* Information sharing with primary lender to reduce the borrower’s burden
. (with permission of borrower)
ECONOMIC IMPACT CRITERIA
The SBA504 loan size is linked to job creation and/or job retention. An entrepreneur can borrow $65,000 in SBA 504 loan funding for each job created and/or retained within two years.
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