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SBA provides subordinate, second mortgage financing to be combined with bank financing of fixed assets.
| Term | Fees | Interest |
|---|---|---|
| 10 and 20 year terms | Approximately 3% of debenture. | Pegged to an increment above 5 and 10 year US Treasury Issues. |
| Interest Type | Amount | Eligibility/Requirements |
|---|---|---|
| Fixed | Up to $5,500,000 | 10% equity. For profit business. |