Add stability and predictability to your RV Park business by locking a portion of your real estate financing into a long-term, fixed-rate product using an SBA 504 loan. A 504 loan has three components: Equity injection provided by the borrower – typically 10% of the project but can be 15% – 20% in certain instances as in the case of start-ups or unique situations Term loan provided by Bank Five Nine – typically 50% of the project Debenture loan provided by a Certified Development Company (CDC) – typically 40% of…
SBA 504 Loans for Your RV Park Business
