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Can I use equity in currently owned equipment and/or machinery for injection?

April 26, 2017Currently equipment equity injection machinery

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Can I use equity in currently owned equipment and/or machinery for injection?

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The SBA 504 program does not allow this, although if you sell your current equipment and replace it with newly purchased equipment as part of the project that equity can be used. The RLF program is more flexible about this, but would require a 1st Lien position on that equipment or machinery.