Most business owners opt to get a standard SBA 7 (a) loan, which can be used for almost any purpose, but the 504 loan program is another option for borrowers who plan to purchase real estate or long -
term machinery and equipment.
These include: real estate purchases and improvements, including existing buildings, grading, street improvements, parking lots and landscaping, and utilities; long -
term machinery and equipment; renovation of existing facilities; and building construction.
Not exact matches
Fixed asset base: This is the long -
term base of the company's operation strategy, represented by all the
equipment,
machinery, vehicles, facilities, IT infrastructure
and long -
term contracts the firm has invested in to conduct business.
Provide long -
term working capital for operational expenses or to purchase inventory Short -
term working capital, including seasonal financing
and exporting Purchase
equipment,
machinery, furniture, fixtures, supplies or materials Buy land or to purchase, build or renovate an existing building Expand an existing business Refinance debt (under certain conditions)
Fixed assets are for long -
term use
and include land, buildings, leasehold improvements,
equipment,
machinery and vehicles.
Specifically designed to pay for the purchase of
equipment and machinery,
equipment loans are similar in structure to a conventional loans, with monthly repayment
terms over a long period.
According to the ABS Capital Expenditure Survey, firms expect to increase spending on
machinery and equipment investment in nominal
terms by only 1 1/2 per cent in 2000/01, once average realisation ratios are applied.
Examples of long -
term assets include buildings,
machinery and equipment (also known as fixed or capital assets).
For expenditure on
machinery and equipment, growth of around 2 per cent is expected in nominal
terms.
The June quarter ABS capital expenditure (Capex) survey points to solid growth of
machinery and equipment investment in real
terms in 2003/04, although in nominal
terms, investment is expected to fall by 3 per cent (assuming a five - year average realisation ratio), reflecting lower prices for investment goods.
The highest printing quality, flexibility
and short -
term deliveries are guaranteed by the company's own prepress, in - house printing - plate manufacturing using the latest
machinery equipment.
In
terms of practical hands - on training on the
equipment and machinery of the subject, colleagues are recommended to work toward achieving accreditation within the Secondary Specialist Levels appropriate to their work, i.e. in Food Technology, Resistant Materials, Systems
and Control
and Textile Technology.
In addition to real estate, these loans can be used for long -
term machinery or
equipment purchases
and for refinancing another commercial real estate loan.
7 (a) loan program - long -
term financing for real estate acquisition, building construction, renovation or expansion, purchase of
machinery and equipment, purchase of inventory,
and working capital.
Both the 7 (a) loan
and the 504 loan program are great for purchasing
equipment or
machinery, providing loan amounts up to several million with
terms from 10 to 25 years.
While 504 loans are primarily known for being real estate loans, they can be used for long -
term equipment and machinery purchases,
and they can be used by new businesses
and startups.
One of the lesser known SBA programs, a 504 loan can be used for real estate
and long -
term equipment or
machinery purchases.
If you're looking to purchase inventory,
equipment and machinery, an existing business or commercial property, 7 (a) loans offer the longest
terms available to repay the loan.
Business Personal Property is the
term which refers to furniture,
equipment, fixtures, materials,
machinery, merchandise,
and other personal property the insured uses for business.
To find a long -
term opportunity that will use my 20 + years of experience in the Maintenance Field SUMMARY: Extensive background in maintenance management, the building
and installation of custom
machinery,
and job site repair of production
equipment.