ENERGY LOAN ASSISTANCE
Entero Energy is the leading third-party resource for assisting certified development companies (CDCs), commercial banks, and loan brokers in helping their SBA 504 borrowers get qualified for the SBA “Energy” Public Policy Goal.
504 borrowers can access an array benefits by investing in green technology as part of their real estate projects.
Here are some of the benefits:
WANT TO EXPAND NATIONWIDE BY SURPASSING SBA DEBENTURE CAPS?
Purchase or build multiple properties in multiple markets nationwide by going green ($5 million SBA portion of the loan PER PROJECT vs. $5 million per borrower). In other words, one borrower may take multiple loans to fund multiple projects, each having up to a $5 million of debenture from the SBA.
NEED MORE FUNDING PER LOAN?
Increased loan amounts from $5 million to $5.5 million per project. The $5 million debenture cap mentioned above can actually be increased to $5.5 million.
CAN’T CREATE ENOUGH JOBS?
Some businesses are not labor intensive. Going green allows funding without SBA job creation requirements.
Entero Energy offers the following services related to the 504 Energy Loan:
- Analyze your Energy Efficiency or Renewable Energy options for meeting SBA policy
- Write audit/report and create engineering documentation necessary for SBA eligibility
- Provide complete qoute on implementation of SBA eligible Renewable Energy Option
We specialize in helping lenders and their clients take advantage of this SBA loan program.