$3.0M · Closed Sep 1, 2025
Closed: SBA 504 for a 13,599 SF Owner-User Auto Body Facility in Woodburn, Oregon
The Challenge
An owner-user acquisition of a free-standing automotive repair and collision facility needed high leverage and long terms — and coordinating bank underwriting, SBA/CDC approval, appraisal, environmental review, insurance, and equity verification in a single closing.
The Denali Solution
Denali brokered a layered SBA 504 capital stack: a conventional bank first mortgage of up to $1,710,000 (25-year term, 6.99% initial rate fixed in 5-year periods) paired with a $1,240,000 SBA 504 debenture, requiring only about 10.10% minimum cash equity ($331,560) from the borrower.
The Outcome
Approximately $2.95MM of combined debt capacity at up to 90% of eligible project cost, with a 25-year bank term aligned to the life of the real estate — preserving the operating company's working capital instead of draining it into equity.