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Fixed assets including land and building purchase, building construction, leasehold improvements and renovations; acquisition, renovation, or moving machinery and equipment; and working capital loans secured with fixed repayment schedules.
| Term | Fees | Interest |
|---|---|---|
| Real Estate - up to 20 years; machinery, equipment up to 10 years. | 1.75% loan origination fee, 0.5% loan underwriting fee, all other legal and other loan closing costs. | Rates determined by local jurisdiction. |
| Interest Type | Amount | Eligibility/Requirements |
|---|---|---|
| Fixed, Adjustable | Up to $750,000 | A financial institution must be a participant in the project financing. Other criteria set by local jurisdictions. |