Subscribe Newsletter
Contact
RssBy 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.
(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
Tags: eco-companies get loan, how does SBA green loan works, how hard is it to get green loans from your SBA, how hard is it to get loans from SBA, how to get green loan from SBA, is it worth getting SBA loan, is SBA loan any good, loans for eco-companies, loans for eco-friendly companies, loans for green businesses, loans for green friendly companies, local SBDC get green loan, SBA goes green, SBA offering loans for green businesses, starting a green business get loan, starting a green eco friendly business get loan from yo
Entrepreneur
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
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.
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:~
Skype ID: jangfinance75
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
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:
Skype ID: ls.nicu
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:
Skype: carlab.brokers
Regards,
Carl Abrahamsson
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:
Skype ID: martigapito.broker
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:[email protected]
SKYPE davebonn01
h Cut BG, SBLC, MTN&Loan
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:~
Skype ID: rodnerlease.broker
Regards.