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No. In the majority of projects, the project property being financed will be the only collateral securing the 504 loan. Additional collateral is required only when there is a deficiency in the appraised value of the project property or when there is a need to mitigate a credit risk.
Success Capital finds financing solutions to help you get projects accomplished. We help small businesses throughout California secure favorable fixed rate financing for real estate projects and equipment.
1301 L Street, Suite 4
Modesto, CA 95354
Tel: (209) 521-9372
Fax: (209) 521-9373
E-Mail: info@SuccessCapitalSBA.com