AAEA & SBA Zoom Workshop: Financing your Company Fixed Asset with the SBA 504 Loan Program

The AAEA proudly presents nationally recognized industry leaders that bring small business training, coaching, and marketing services right to your computer or mobile device. These professionals are dedicated to educating and equipping minority-owned businesses to build assets and operate more efficiently in order to compete effectively within the marketplace. These Zoom workshops are FREE to participants and sponsored by the AAEA and its partners.

 

Your Presenters:

Annie Grogan, Lender Relations Specialist, SBA

Kristen Tackett, VP & Bus. Dev. Officer, Florida First Capital Finance Corporation



What is the SBA 504 Loan Program?

*Co-lender financing for growing and expanding small businesses designed to facilitate the acquisition of capital fixed assets, such as commercial real estate / or long-life machinery and equipment.

 

Participants in the 504 Loan Program can:

*Borrow up to $5 million

*Get up to 90% financing for their loan amount

*Get below-market, fixed interest rates with 10,20 or 25-year terms

*Use loan proceeds for debt refinancing

 

During this webinar, you will learn:

*How 504 Loans work and are structured

*Who is eligible and how to qualify for 504 loans

*All eligible use of proceeds

*All terms and conditions associated with the program

 

SBA's participation in this activity is not an endorsement of any sponsor, other person, or entity's views, opinions, products, or services. Reasonable accommodations for persons with disabilities will be made if requested at least (2) two weeks in advance. Contact Ana Grogan: ana.grogan@sba.gov

 

 

Categories: Financial Literacy, Funding
Start Date: 9/12/2022 12:00 PM
End Date: 9/12/2022 1:00 PM

Organizer: Leslie Giscombe