How Much Down Payment Do I Need for a Commercial Business Loan? – An SBA 504 loan is designed primarily for purchasing assets such as real estate and major pieces of equipment. SBA 504 loan amounts start at $125,000 and can reach over 20 million dollars. Loan periods are 20 years for real estate and 10 years for equipment.
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How to Get a Million-Dollar Business Loan | Bizfluent – One high-limit route is the Small Business Administration’s general small-business loan, or 7(a) program, with a maximum amount of $5 million. Another option for a million-dollar business loan is called the cdc/504 loan program, which finances major fixed-asset purchases such as real estate or equipment.
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