• Beau talked about when he encountered a situation where someone had used up their $5 million aggregate of SBA financing and needed more capital for a construction project.
• - The suggestion was made to utilize the SBA 504 green program, which allows for an aggregate amount of $16.5 million.
• - By using the SBA 504 green program, the person can get a second loan for up to 90% of the total project costs, with 50% as senior debt and the rest as the SBA portion.
• - The SBA 504 green program is applicable to new construction or buying an existing property, as long as the person occupies 60% or more of the square footage.
• - By meeting certain benchmarks for energy reduction, the person can qualify for more SBA proceeds, up to $5.5 million, resulting in a total project cost of around $15 million.

If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )