Feasibility Lien Massachusetts Renovating 
Buisness Facilities Contributed Content
APRIL 15, 2014
Prevailing wage must be paid to workers involved in the construction or renovation. Infrastructure Feasibility Grants – Funding for infrastructure feasibility studies, design and engineering or other planning and preparation activities that will help facilitate the location or expansion of specific job-creating opportunities. .
Buisness Facilities Contributed Content
MARCH 21, 2014
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.
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