SBA Small Business Loans for a Woman Owned Business
Larger SBA loans are available for businesses owned and controlled by women. The SBA 504 program has a "public policy goal" that determines how much a business can borrow and a woman owned business is eligible for a larger loan than a non-woman owned business unless it is a green business.
The maximum SBA 504 second mortgage is $2 million for a business that is 51% or more woman owned which means that maximum financing (for a non-green) project would typically be in the $5 to $7 million range depending on the amount of down payment and the type of business or building.
The SBA does not have public policy goal for businesses that use or produce renewable energy.
Please contact us at 1-800-414-5285 to find out how we can help your business.