{"id":794,"date":"2016-10-25T14:43:33","date_gmt":"2016-10-25T14:43:33","guid":{"rendered":"http:\/\/amerilawyer-blog.local\/?p=794"},"modified":"2017-03-28T20:47:30","modified_gmt":"2017-03-28T20:47:30","slug":"small-business-loans-sba-504-loans","status":"publish","type":"post","link":"https:\/\/www.amerilawyer.com\/blog\/business\/small-business-loans-sba-504-loans","title":{"rendered":"Small Business Loans, SBA 504 Loans"},"content":{"rendered":"<p>If you have a small business, you could obtain a small business loan with lower interest and with payment terms of up to 10 to 20 years. The Small Business Administration, (SBA) will cover 40 percent of the project costs, the maximum limits are over $5 million.<\/p>\n<p><a href=\"http:\/\/www.AmeriLawyer.com\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-796 alignleft\" src=\"http:\/\/amerilawyer-blog.local\/wp-content\/uploads\/2016\/10\/small-business-loan-application-557x217.jpg\" alt=\"small-business-loan-application-557x217\" width=\"328\" height=\"128\" srcset=\"https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/small-business-loan-application-557x217.jpg 557w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/small-business-loan-application-557x217-300x117.jpg 300w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/small-business-loan-application-557x217-144x56.jpg 144w\" sizes=\"auto, (max-width: 328px) 100vw, 328px\" \/><\/a><\/p>\n<p>These 504 loans have to be for certain types of business; they cannot be speculative businesses by nature such as real estate investment. However, a vast majority of businesses are eligible, such as franchises, recreational facilities and clubs, farms and agriculture businesses, fishing vessels, medical facilities, etc.\u00a0Proceeds from the loan can be used for financing of fixed assets, purchase of equipment, acquiring new facilities, updating existing locations. It is all about helping small business get to the next level.These 504 loans do not come directly from the SBA, but are rather provided by local Certified Development Companies which are nonprofits. The business is expected to contribute 10% to the project.<\/p>\n<p>It&#8217;s a good idea to have a business plan and to have someone assist you to navigate through the government bureaucracy. These loans are meant to help small businesses, and you should allow our law firm to assist you in seeing if it is something you can benefit from.<\/p>\n<p><b>If you are a member of Spiegel &amp; Utrera, P.A.\u2019s <\/b><a href=\"http:\/\/www.amerilawyer.com\/general_counsel.htm\"><b>General Counsel Club<\/b><\/a><b> and have questions about SBA 504 Loans, call (800) 734-9900 or<\/b><b>clubassist@amerilawyer.com<\/b><b> for assistance. Remember, as a member of the \u00a0General Counsel Club, you receive unlimited legal, business, credit and tax advice all year long.<\/b><\/p>\n<p><em>Spiegel &amp; Utrera, P.A. is a corporate law firm with its main offices located in Miami, Florida with offices throughout the U<\/em><span class=\"text_exposed_show\"><em>nited States. As a law firm, we do more than just help you form your business entity. We stand ready to help with the maintenance of your legal business entity! We\u00a0will assist you with\u00a0<a href=\"http:\/\/www.amerilawyer.com\/form_a_corporation\/corporation.htm\" target=\"_blank\">Incorporation Service<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/trademark\/index.htm\" target=\"_blank\">Trademarks<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/trademark\/tm_copyright.htm\" target=\"_blank\">Copyrights<\/a>,<a href=\"http:\/\/www.amerilawyer.com\/living_trust.htm\" target=\"_blank\">Estate Planning<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/general_counsel.htm\" target=\"_blank\">Legal Counsel<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/assetprotection\/index.htm\" target=\"_blank\">Wills<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/livingtrusts\/index.htm\" target=\"_blank\">Trusts<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/agreements\/\" target=\"_blank\">Agreements &amp; Leases<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/\" target=\"_blank\">Corporate &amp; Company<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":null,"protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,72,6,49,7],"tags":[],"class_list":["post-794","post","type-post","status-publish","format-standard","hentry","category-business","category-entrepreneur","category-legal-services","category-llc","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts\/794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/comments?post=794"}],"version-history":[{"count":0,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts\/794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/media?parent=794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/categories?post=794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/tags?post=794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}