SBA Real Estate Loans
The SBA 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization.
- LOAN SIZE
- Minimum – $125,000
- Maximum – $5 million
- TERMS
- 25 years – real estate
- 20 years – real estate
- 10 years – equipment
- DOWN PAYMENT
- 10% borrower
Is your company eligible for an SBA 504 Loan?
To be eligible for an SBA 504 Loan, a small business must meet the following eligibility requirements:
- The business must be a for-profit, non-publicly traded company.
- Ownership must be comprised of 51% U.S. citizens or registered aliens with green card.
- The business must do business in the United States or its possessions.
- The business must be a sole proprietorship, partnership, limited liability company, or corporation.
- The business must occupy at least 51% of the space to be bought.
- The business’s tangible net worth cannot exceed $15 million.
- The business’s average net income after Federal income taxes (excluding carry-over losses) for the two full fiscal years prior to application cannot exceed $5 million.
- Loans cannot be made to businesses engaged in speculation or investment in rental real estate.
Why Mansfield Equities?
EXPERIENCE
Over 20 Years
In Real Estate Lending
SPEED
Quick Approval
Funding in as few as 7 days
SUCCESS
Proven History of Successful Funding
(Over $3B funded since inception)
.
What our customers are saying...
“L$25M refinance of our 300,000 sf industrial portfolio in 40 days. 10-year term fixed rate. Thank you Mansfield.”
— Gary Bias, Silver Spring, MD
“Mansfield did a great job securing a $2.5M preferred equity on our $19M purchase of a shopping center.”
— Gary Drebin, Dever, CO
“We needed a $4M nonrecourse loan to refinance our apartment building in LA. Mansfield delivered at 3.2% nonrecourse.”
— Ken Dixon, Los Angeles, CA
Mansfield Equities Inc.
6404 Wilshire Blvd., Suite 1200 Los Angeles, CA 90048
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