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Borrowers can generally obtain 90% financing. Bay Colony's portion is a fixed rate for 20 years. 40% from Bay Colony at a 20-year fixed rate (below market), and 50% from the participating lender at conventional market rates. Learn more. |
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Almost all types of businesses are eligible. There are very few exclusions. Review general eligibility requirements or use our online tool to check your eligibility now. |
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Acquisition or improvement (including new construction) of fixed assets with a useful economic life (not depreciable life) of ten years or more. Most projects involve acquisition of owner-occupied real estate, but equipment is also eligible. Almost all soft costs may be financed as well. |
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The total project cost is $250,000-6,000,000 (up to $10,000,000 for a manufacturer). However, larger projects are eligible. |
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As a leading provider of SBA 504 Financing since 1981, we are one of the nation’s oldest and most experienced Certified Development Companies. Streamlined processing and fast responses; Client satisfaction is the cornerstone of our core values. Learn more. |
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We serve businesses in all Massachusetts counties, as well as several counties in Vermont, New Hampshire, and Rhode Island. View our complete list. |
