Business Loans

Project: Puritan Magnetics, Oxford MI | www.PuritanMagnetics.com

Business Finance Corporation (BFC) USE OF FUNDS - SBA 504 Loan Program - Fixed assets - Building improvements, construction, renovation, acquisition and related soft costs - Land acquisition and improvements - Machinery and equipment - Refinancing Join Our Mailing List to get Monthly Rate Updates	LOAN AMOUNT $250,000 to $13 million+	TERMS 10, 20 and 25 years	RATE Fixed at closing BORROWER EQUITY 10%
CEED Lending USE OF FUNDS Equipment, machinery, inventory, minor leasehold	LOAN AMOUNT Up to $50,000	TERMS Up to 6 years	RATE Fixed at closing
The Oakland County Economic Development Corporation (EDC) USE OF FUNDS Non-profit and manufacturing entities fixed assets financing	LOAN AMOUNT $2 million to $10 million	TERMS Varies by project.	RATE Varies