Here’s a great new way to increase SBA financing beyond the usual $5 million total per borrower. Now there is no $ limit to the number of energy efficient or renewable energy solution projects a Borrower can apply for via an SBA 504 loan – and this can substantially increase a Borrower’s total maximum SBA 504 allocation.
Previously, businesses were limited to three $5.5 million “green” projects and a total of $16.5 million in SBA 504 funding.
Now there is no limit to the number of green projects a borrower can apply for with a max of $5.5 million for each qualified green project.
