With the SBA 504 Loan, Bridgeway Capital works closely with banks to help businesses expand by buying buildings or equipment, or renovating or constructing new facilities. Since 2003, Bridgeway Capital has placed $18.1 million in 504 loans across the region.
Healthy, growing businesses looking to purchase real estate or equipment may qualify for up to $5 million dollars with a 504 Loan. 504 Loans are for renovations or the purchase of real estate or equipment, and they provide competitive financing with long-term, fixed rates.
Healthy, growing businesses looking to purchase real estate or equipment may qualify for up to $5 million dollars with a 504 Loan.
Bridgeway Capital CDC, our affiliate, is a certified development company — a regional economic development organization licensed by the Small Business Administration (SBA). Our CDC Board of Directors reviews 504 Loans and provides leadership and guidance for our 504 lending.
*Additional equity may be required in certain instances.