ENTREPRENEUR TV | ENTREPRENEUR Newsmakers | PROFESSIONAL SERVICES

SBA Goes Green With Loans for Small Businesses

By Vocus/PRWeb, on Thursday, 05 February 2009
Small business owners thinking of incorporating green technologies at their facilities are now eligible to borrow more money to make it happen. The U.S. Small Business Administration (SBA) is now offering special financing to small business entrepreneurs who go green through their SBA 504 Loan Program.

http://www.mtsacsbdc.com/web/images/article/1/104-973.jpg

(Vocus/PRWEB ) February 5, 2009 — The SBA 504 Loan Program has been assisting small business entrepreneurs for over 25 years by providing fixed rate, long-term financing for the purchase, construction and renovation of commercial real estate. SBA 504 loans provide a source of long term capital with typically only a 10% down payment from the small business borrower. The rest of the financing is arranged by a Certified Development Company (CDC) securing an SBA 504 loan for up to 40% of the project costs and a lender providing the remaining 50% of the project funding.

The maximum amount of an SBA 504 loan is normally $1.5 million unless a project meets a specific public policy goal such as assisting a business in a rural area or a minority, veteran or woman-owned business. If a project meets a public policy goal, then the SBA 504 loan can go higher. The good news is that as part of the Energy Independence and Security Act of 2007, Congress added three new public policy goals to the SBA 504 Loan Program to assist businesses willing to invest in going green.

For existing small businesses wishing to purchase or construct facilities incorporating energy saving technologies or retrofit existing facilities resulting in a 10% decrease in energy consumption, they are now eligible to obtain SBA financing of up to $4 million for the project. The total cost of a “green project” can go as high as $9 million using the new public policy goal since the $4 million cap on the SBA 504 loan represents only 40% of the project cost. Some of the most common ways to achieve a 10% decrease in energy consumption now include improved insulation and lighting, improved HVAC, energy efficient windows and a number of other design features. New energy conservation technologies continue to be developed to make buildings and businesses more energy efficient so even more options will no doubt become available in the future.

In addition, small businesses generating renewable energy such as solar, biomass, hydropower, ocean thermal, geothermal and wind are also eligible to finance their real estate purchase or construction project with up to $4 million from the SBA 504 loan program. Generating renewable energy does not need to be the company’s primary business activity, just a method of meeting its own energy needs. Projects in any industry could, for example, purchase solar panels for their own use and qualify for an SBA 504 loan of up to $4 million.

Read the full story

Posted via email from Jay’s posterous

Start Slide Show with PicLens Lite PicLens

Tags: , , , , , , , , , , , , , , ,

17 Responses to “SBA Goes Green With Loans for Small Businesses”

  1. cafeman says:

    Hi, nice site. You invited me via Twitter, thank you. Two suggestions please: 1. Allow comments without creating a userid. If you’re worried about spam, make comments so they must be approved and approve them. 2. Please include the “post” capability on your ShareThis button so I can easily post items to Twitter and my own blog.

    Thanks! @meetkendall on Twitter

  2. DEAR SIRS, NEED NEW CHANCE AT LOAN FOR PROMOTION A
    PATENTED BELT BUCKLE PRODUCT, HAVE PROBLEM,
    CREDIT NO SO WELL! CAN S.B.A. HELP?
    I would like to move forward with this product.
    Thanks.

  3. Jang Jeonghyeon says:

    Dear Sir/Ma,

    We have direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffer driven offers. We deliver with time and precision as set forth in our agreement. Our terms and Conditions are reasonable, below is our instrument description.

    DESCRIPTION OF INSTRUMENTS:
    1. Instrument: Bank Guarantee (BG/SBLC)
    2. Total Face Value: Min of 1M Euro/USD (One Million Euro/USD) to Max of 5B Euro/USD (Five Billion Euro/USD).
    3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or any Top 25 WEB
    4. Age: One Year, One Day
    5. Leasing Price: 5.0% of Face Value plus (0.5+X)% commission fees to brokers.
    6. Delivery: Bank to Bank SWIFT.
    7. Payment: MT-103.
    8. Hard Copy: Bonded Courier within 7 banking days.

    All relevant business information will be provided upon request.

    If Interested kindly contact me via Email:~ jangfinance75@gmail.com
    Skype ID: jangfinance75

  4. It’s very effortless to find out any matter on net as compared to books, as I found this article at this web site.

    Here is my webpage selling a business

  5. Sorin Lassmann says:

    We arrange Following Bank Instruments
    Letter of Credit ( LC)
    From Various Banks in Singapore / HongKong / Europe /USA
    Used For Import / Export Business and Trade Finance .
    90/180DAYS
    Bank Guarantee ( BG )
    Fresh Cut
    Slightly Seasoned
    Seasoned
    Stand By Letter of Credit ( SBLC )
    90DAYS / 180/ 365DAYS
    Regards
    Contact : Mr. Sorin Lassmann
    Email: providermandate.ls@gmail.com
    Skype ID: ls.nicu

  6. Mr. Carl Abrahamsson says:

    Dear Sir/Ma

    Description
    We offer fresh cut bank instrument for lease, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and others. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options. This offer is opened to both those and corporate bodies.

    We are RWA ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact us via email:

    Mr. Carl Abrahamsson
    Email: carlmab.broker@gmail.com
    Skype: carlab.brokers

    Regards,
    Carl Abrahamsson

  7. Agapito Gomez Martinez says:

    We arrange Following Bank Instruments
    Letter of Credit ( LC)
    From Various Banks in Singapore / HongKong / Europe /USA
    Used For Import / Export Business and Trade Finance .
    90/180DAYS
    Bank Guarantee ( BG )
    Fresh Cut
    Slightly Seasoned
    Seasoned
    Stand By Letter of Credit ( SBLC )
    90DAYS / 180/ 365DAYS
    Regards
    Agapito Gomez Martinez
    Contact: martigapito.broker@gmail.com
    Skype ID: martigapito.broker

  8. Bonn says:

    SIR/MA. We offer Fresh Cut BG, SBLC, MTN & Loan

    We offer Fresh We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease, our bank instrument can be engage in PPP
    Trading, Discounting, signature project( s) such as Aviation,
    Agriculture, Petroleum, Telecommunication, construction of Dams,
    Bridges, Real Estate and all kind of projects. We do not have any
    broker chain in our offer or get involved in chauffer driven offers.
    We deliver with time and precision as sethforth in the agreement. Our
    terms and Conditions are reasonable, below is our instrument
    description.

    The procedure is very simple; the instrument will be reserved on euro
    clear to be verified by your bank, after verification an arrangement
    will be made for necessary bank documents and stock testing expenses,
    the cost of the Bank Guarantee will be paid after the delivery of the
    MT760,

    DESCRIPTION OF INSTRUMENTS:

    1. Instrument: Bank Guarantee ( BG/ SBLC) ( Appendix A)
    2. Total Face Value: Eur 5M MIN and Eur 10B MAX ( Ten Billion USD) .
    3. Issuing Bank: HSBC Bank London, Credit Suisse and Deutsche Bank
    Frankfurt.
    4. Age: One Year, One Month

    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    he Leased Instruments includes: BG’ s, Insurance Guarantees, MTN, ( SBLC)
    Standby Letters of Credit and Third Party Guarantees such as a standby
    forward commitment to purchase or a standby loan. If you are a potential
    Investor or Principle looking to raise capital, we will be happy to answer
    any questions that you have about this opportunity and to provide you with
    all the details regarding this services.

    Our BG/ SBLC Financing can help you get your project funded, loan financing,
    please let me know if you are interested in any of our services, by
    providing you with yearly renewable leased bank instruments. We work
    directly with issuing bank lease providers, this Instrument can be
    monetized on your behalf for 100% funding.
    We are ready to close leasing with any interested client in few
    banking days, if interested do not hesitate to contact me direct. [ via
    Contact Details Below]

    Regards MR DAVID BONN
    EMAIL:davebonn01@yahoo.com
    SKYPE davebonn01
    h Cut BG, SBLC, MTN&Loan

  9. Werner Raeneva says:

    Hello,

    We have excellent direct, genuine provider of Fresh Cut BG/SBLC financial instruments specifically for lease at leasing price of 6 2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA. We work directly with issuing bank lease providers. We have excellent seller sources for cash backed Medium Term Notes (MTNs) and Bank Guarantees (BGs).The issuing banks are Top 10 European banks.

    If you have need for corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument.

    Our Terms and Conditions are reasonable.

    If Interested kindly contact:

    Name: Mr. Werner Raeneva
    Email:~ rodnerlease.broker@gmail.com
    Skype ID: rodnerlease.broker

    Regards.

  10. De Rivo says:

    We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 6+2 of face value, Issuance by HSBC London/Hong Kong, Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA. Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments Get back to me if you are interested on:
    E-mail: bgbroker.rivo@gmail.com
    Skype ID : bgbroker.de

    Regard
    Mr. De Rivo Mirklos

  11. Almutairi Abdulrazaq says:

    Dear sir,

    We offer fresh cut bank instrument for lease/sale, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and others. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options. This offer is opened to both individuals and corporate bodies.

    Description of Instrument:
    1.Instrument: Bank Guarantee (BG)/SBLC
    2.Total Face Value: MINIMUM 1MILLION EURO/USD – MAXIMUM 100BILLION EURO/USD
    3.Issuing Bank: HSBC London or AA rated Bank in Western Europe or USA.
    4.Term: One Year, One Month
    5.Leasing Price: 5% of Face Value plus 0.5% Lessor agent [Closed] & X% Lessee agent (open)
    6.Delivery: SWIFT TO SWIFT
    7.Payment: WIRE TRANSFER
    8.Hard Copy: Bonded Courier within 7 banking days.
    For further details contact us with the below information Thank you.

    Mr.Almutairi Abdulrazaq
    For further inquiries:
    Contact Email : broker.mutairi@gmail.com
    Skype: broker.mutairi

  12. Maxie Saviel says:

    Dear Sir/Ma,

    We have direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffer driven offers. We deliver with time and precision as set forth in our agreement. Our terms and Conditions are reasonable, below is our instrument description.

    DESCRIPTION OF INSTRUMENTS:
    1. Instrument: Bank Guarantee (BG/SBLC)
    2. Total Face Value: Min of 1M Euro/USD (One Million Euro/USD) to Max of 5B Euro/USD (Five Billion Euro/USD).
    3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or any Top 25 WEB
    4. Age: One Year, One Day
    5. Leasing Price: 5.0% of Face Value plus (0.5+X)% commission fees to brokers.
    6. Delivery: Bank to Bank SWIFT.
    7. Payment: MT-103.
    8. Hard Copy: Bonded Courier within 7 banking days.

    All relevant business information will be provided upon request.

    If Interested kindly contact me via Email:~ Maxie.finance@gmail.com
    Skype ID: maxil.finance

  13. Agapito Gomez Martinez says:

    Sir,

    We can deliver financial service/instrument(BG/SBLC/MTN/DLC/LC) at affordable price to our customers in other to derive maximum utility. We understand that finding the right company to provide financial instrument is not easy. We are certified financial company that delivers banking instrument for lease which we adhere to our terms and condition. Over 96% of our clients are satisfied with our work whether it is business or financial service.

    Once transaction is in progress, we ensure we keep you posted on the progress of your paper. We also get you connected to the provider for personalized service. Instead of stressing yourself out looking for financial instrument or company why not let professional like us deliver financial instrument to you within the time frame required by you.

    For further details contact us with the below information….

    Thank you.
    Agapito Gomez Martinez
    Contact: martigapito.broker@gmail.com
    Skype ID: martigapito.broker

  14. bernard butty says:

    Dear Sir/Ma,
    We are direct provider for BG/SBLC specifically for lease, at leasing price of (5.0 +2)% of face value, Issuance by HSBC Bank London , Barclays Bank London , Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA.

    Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding

    All relevant business information will be provided upon request.
    If Interested kindly contact me via Email:~
    Mr. Bernard butty
    Email: leasebutty.bg@gmail.com

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

  15. Ashkar Arakkal says:

    Dear Sir/Ma

    I am direct to a project Funder who is also known as private lender they specialized in bank instrument lease and sales their funds is purely earned from private and corporate investment portfolios without criminal origin.With the group capital fund which are specifically for lease/sale in form of bank instrument. The Financial institution can finance your signatory projects such as Real Estate Development, Aviation Service, Agriculture Finance, Petroleum Importation, Telecommunication, construction of Dams or Bridges and all kind of projects.

    The bank instrument can be use for purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loan for your project or to establish line of credit with your bank. We offer Bank Guarantee , all are issue from AAA Rated bank such as Deutsche Bank, HSBC Bank, UBS Zurich, Barclay’s Bank , Standard Chartered Bank E.T.C. For more information, Endeavour to contact me as your convenient time.

    Regards
    Mr. Ashkar Arakkal
    Email:bgsblc.ashkar@gmail.com
    Skype: bgsblc.ashkar

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

  16. bernard butty says:

    I am direct to a project Funder who is also known as private lender they specialized in bank instrument lease and sales their funds is purely earned from private and corporate investment portfolios without criminal origin.With the group capital fund which are specifically for lease/sale in form of bank instrument. The Financial institution can finance your signatory projects such as Real Estate Development, Aviation Service, Agriculture Finance, Petroleum Importation, Telecommunication, construction of Dams or Bridges and all kind of projects.

    The bank instrument can be use for purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loan for your project or to establish line of credit with your bank. We offer Bank Guarantee , all are issue from AAA Rated bank such as Deutsche Bank, HSBC Bank, UBS Zurich, Barclay’s Bank , Standard Chartered Bank E.T.C. For more information, Endeavour to contact me as your convenient time.

    All relevant business information will be provided upon request.
    If Interested kindly contact me via Email:~
    Mr. Bernard butty
    Email: leasebutty.bg@gmail.com

  17. EZZATOLLAH KIANERSI says:

    Dear Sir/Ma Good Day,

    My name is Mr. Ezzatollah Kianersi, I would like to let you know that we provide Financial Instrument (BG/SBLC) Convert Into Funds Through Your Bank or Secure Your Loan With BG/SBLC As Collateral through your Banks as well okay. This is the details you will need below:

    We have direct providers of Financial Instrument (BG/SBLC) Convert Into Funds Through Your Bank. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffer driven offers. We deliver with time and precision as set forth in our agreement. Our terms and Conditions are reasonable, below is our instrument description.

    DESCRIPTION OF INSTRUMENTS: 1. Instrument: Bank Guarantee (BG/SBLC) 2. Total Face Value: Min of 1M Euro/USD (One Million Euro/USD) to Max of 5B Euro/USD (Five Billion Euro/USD). 3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or 08:17 3/6 4. Age: One Year, One Day 5. Leasing Price: 5.0% of Face Value plus (0.5+X)% commission fees to brokers. 6. Delivery: Bank to Bank SWIFT. 7.Payment: MT-103. 8. Hard Copy: Bonded Courier within 7 banking days.

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected.

    If Interested kindly contact me via Email:~ Mr. Ezzatollah Kianersi…….. Email: (bgsblc.kianersi@gmail.com)

    My Skype ID is ………………: bgsblc.kianersi

    Looking Towards Your Response Soonest,
    Best Regards.
    Kianersi

Leave a Reply

Home :: Our Story :: Forum :: Expert Columns :: Green 101 :: Entrepreneurship 101 :: Subscribe Newsletter :: Contact :: Rss

Copyright © 4Entrepreneur.net