SBA 504

Experienced, Dedicated & Successful

The United States SBA 504 Loan program is planned to provide funding for the acquisition of the fixed assets for instance real estates, buildings, machinery and much more at a far lower rate than the market price. 504 loan program is one of the best plans that the Small Business Administration (SBA) has fashioned. We have put our utmost skill and practice of the extended years of expertise in the financial industry. Miner Capital Funding is structured and optimized for the best real estate and commercial loan providence. People are moving the steer towards our company not only for the loan but the best customer experience of our company. SBA 504 loan is something needed to be known properly.

Lending Guidelines

INTEREST RATE

Fixed

TERMS

• 20 years – real estate
• 10 years – equipment

ELIGIBLE BUSINESS SIZE

• Business net value not to surpass $15 million
• Average net revenue after taxes for 2 successive years not to surpass $5 million

LOAN STRUCTURE

• 50% bank loan
• 40% CDC loan
• 10% debtor down payment

PROCEEDS USE

• Buying existing building
• Purchase and ground-up construction (can comprise soft cost progresscharges)
• Development of existing building
• Finance building developments
• Acquisition equipment

PROGRAM REQUIREMENTS

• 51% proprietor occupancy for existing construction
• 60% possessor occupancy for new building
• Equipment need to have at least 10-year commercial life

COLLATERAL

• Usually, project resources being funded are used as collateral
• Individual guaranties of the mainholders of
• 20% or more proprietorship are compulsory

FEES

• Fees are backed in the 504 loan
• Fees are negotiated for the 50% bank loan
• Servicing charge (lowermostpermitted by SBA) for CDC plus a authorized review charge

CLOSING TIME

As soon as 45 days

Recent Transactions

Juneau, A.K
Date: 12/19Loan Amount: 3,700,000Location: Juneau, AKLoan Type: Private MoneyTimeline: 10 day
Dallas, TX
Date: 11/19Loan Amount: 1,100,000Location: Dallas, TXLoan Type: Conventional LoanTimeline: 30 day
Canandaigua, NY
Date: 8/19Loan Amount: 3,100,000Location: Canandaigua, NYLoan Type: Conventional LoanTimeline: 60 day

What Our Clients Think Of Us

John Lee
John Lee
2019-12-10
I am an SBA lender and have worked with Orlando for over 5 years. Orlando is very knowledgeable, trustworthy, and he is one of our valued relationships. He is always on top of things, very responsive, and is always looking out for his client's best interests. I would recommend Orlando to all my clients.
Davy Registe
Davy Registe
2019-12-10
Orlando is Rockstar and very knowledgeable about the commercial financing industry. He is exceptional at communicating and keeps you informed. He definitely knows his craft. What I admire and appreciate the most about him is his integrity, he keeps his word. For example; he is one of the few people that I do deals without a contract at first just his word. Stand up Guy👍🏽
Danny Blaser
Danny Blaser
2019-12-09
Orlando did a great job getting financing for my building. He was always attentive to my needs and really on the ball working through all the details of getting my deal through underwriting and to closing. I highly recommend him and his company!
Justyn Wielenta
Justyn Wielenta
2019-12-09
Mr. Miner is extremely responsive & knowledgeable, he will not waste your time if it can't be done.
Kevin Chung
Kevin Chung
2019-12-09
Orlando is the guy for your financing needs! He is very professional, responsive and easy to work with.
Randy Forker
Randy Forker
2019-12-04
Orlando is straight forward and won’t tell you he can get your loan unless he absolutely can. He won’t waste your time. Honesty and integrity all the way. A++++++
Robert Russell
Robert Russell
2019-10-01
I am an associate commercial hard money broker on the west coast. I have known Orlando Minor for over a decade. He is my go to broker for SBA loans, he knows what he is doing.
Jennifer Martin
Jennifer Martin
2019-09-20
I can't express enough how thankful I am for Orlando making this loan possible for me. My overall experience was thoroughly enjoyable and I can't thank Orlando for all his attentiveness and willingness to go that extra mile for me. Late night phone calls and texts he was always available for me. He really made me feel comfortable working with him. I can't thank you enough Orlando. I will be working with you on my next loan.
Kristel Ramsamooj
Kristel Ramsamooj
2019-09-20
Great to work with. Orlando is very knowledgeable, friendly, forthcoming and responsive. I enjoy working on transactions with him.
Travis Obermeyer
Travis Obermeyer
2019-09-03
Orlando did an excellent job getting us the money we needed to expand. He is a straight shooter who will not waste your time or his. He is the person to call to get a deal done. Thanks Orlando for your professionalism!!!
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Gear Up Your Business by Getting an SBA Loan,

Hard Money Loans or Conventional Loans