Conventional bank financing requires a 20% or more injection towards the total purchase or project cost of a construction project, but the SBA 504 program will typically require only a 10% injection of the purchase price or total project cost.
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Community First Bank | SBA Preferred Lender | NMLS #409021| ABA Routing Number 125108463
HFG Trust is a subsidiary of Community First Bank. HFG Advisors is an RIA subsidiary of HFG Trust. HFG Trust and its subsidiaries are not FDIC Insured, not bank guaranteed, and may lose value.
