- Using the SBA “Green” programs allows a borrower to exceed his overall SBA cap of $5,000,000 per individual. This enables a borrower to continue to utilize the benefits of the 504 Loan Program after they have met their statutory limitation.
- If a borrower is using energy reduction or renewal energy, they are eligible for an additional $500,000 in SBA loan financing. This increases the maximum loan that we can provid from $5,000,000 to $5,500,000 (per project).
- Business owners who quality for SBA 504 financing may actually be eligible for multiple SBA 2nd mortgages of up to $5.5 million per green friendly project. There is no limit on the number of SBA 504 green projects allowed to each borrower under the SBA’s Green Public Policy Goals, which means business owners looking for additional 504 financing may be eligible even if they have committed or outstanding SBA loans.