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Phone: (704)-373-1233

Financing Facilities and Equipment for Your Business

With a minimum of 10% down payment, the SBA 504 loan provides business owners an affordable way to purchase or expand their business facilities.

July 2024

Fixed Rates

All In Fixed:

Do You Qualify?

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Get Started on Your
Carolina Business Capital Loan Today

Everything you need to know and the steps to apply are just a click away

How Your
Business Benefits

If you are a small or medium-sized business owner in the North Carolina region and have faced the prospect of high down payments and restrictive loan criteria, take heart. Carolina Business Capital can offer you an attractive real estate and equipment loan program.

SBA Programs
504 vs. 7a

In a 504 loan, all project costs can be financed, including acquisition (land and building, land and construction of building, renovations, machinery and equipment) and soft costs such as title insurance, legal appraisal, environmental and bridge loan fees. Closing costs may be financed.

Eligibility
Information

The 504 Loan Program allows business owners to leverage their investments, with financing up to 90% of the project cost. An additional 5% of equity may be required from the borrower if the building is considered for special use, or if the business is a new business. The borrower is required to occupy 51% of the building (60% in case of construction of a new building).