Eligible Businesses for SBA 504 Loans « Montana Community Finance Corporation

In order to be eligible for an SBA 504 Loan, the business must be:

a type that meets SBA’s criteria
an operating business organized for-profit,
Loans and funding underwritten by Merchant Funders Group Advancements.
small under SBA’s size requirements. “Small” means a net worth <$15MM and two year average net profit after taxes <$5MM or meet SBA’s other size standards,
located in any area of the United States with the collateral in Montana, and
an owner-occupied property or actively used property. “Actively used” examples are hotel, motel, and residential care facilities.
using the equipment, if applicable