Lien Massachusetts Railroad Renovating 
Buisness Facilities Contributed Content
APRIL 15, 2014
Prevailing wage must be paid to workers involved in the construction or renovation. Railroad Spurs. Funds may be used by large businesses for bondable business activities including financing the purchase of land or buildings, building construction or renovation, and certain types of machinery and equipment. TAX INCENTIVES.
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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