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.
Buisness Facilities Contributed Content
APRIL 15, 2014
It provides specialized and professional assistance to businesses seeking assistance with contracting and subcontracting opportunities with the Department of Defense (DOD), other federal agencies or state and local governments. Eligibility is limited to a new business or existing business that expands its operations in the state.
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