Remove Accidents Remove Bankruptcy Remove Lien
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate. .

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

an hour and be eligible to receive employer-provided coverage under an accident or health plan. The SBA 504 loan lends up to 40 percent of the Project amount in a lien position that is junior to the third party lender, leaving as little as a 10 percent equity requirement from the Borrower.

Income 108