INSTRUCTIONS FOR USE OF SBA FORM 1505, 504CDC NOTE - sba-2025

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Technically, yes. However, you will have to look at the security agreement. Some blanket security agreements for SBA loans include current assets and future acquired assets of the business.
Borrowers can use SBA 504 loans to purchase and build assets to grow their businesses, such as equipment and real estate. There are restrictions on how the funds can be used. For example, they cannot be used for working capital. The maximum you can borrow with an SBA 504 loan is $5.5 million.
A 504 loan cannot be used for: Working capital or inventory. Consolidating, repaying or refinancing debt that does not meet the definition of qualified debt under 13 CFR 120.882, paragraphs (e) and (g) Speculation or investment in rental real estate.
2:15 3:40 And meets all the eligibility. Requirements. To learn more check out these links which you can clickMoreAnd meets all the eligibility. Requirements. To learn more check out these links which you can click in the description.
Fulfill a Dream While SBA 504 loans cant provide start-up funds for new businesses, they can, however, offer financing for a start-up companys fixed asset purchase (or construction or renovation of that purchase).
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Borrowers are Prohibited from using 7(a) Loan Proceeds to: Injection of capital for the businesss continuance until the loan supported by the SBA is disbursed. Repay delinquent state or federal withholding taxes or other funds that should be held in trust or escrow. Pay for a non-sound business purpose.

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