SBA 504 Loans

SBA 504 Loans are a great option for businesses owners in need of financing for the acquisition and/or improvement of owner occupied real estate and equipment. 504 Loans can also be used to refinance debt used for these purposes. This program supports the success of small businesses by providing access to affordable financing and flexible repayment terms .

Program Highlights

Program Details


Use of Funds

•    Acquisition and/or improvement of owner occupied real estate

•    Acquisition of machinery or equipment

•    Refinance of qualified debt


 Interest Rates

•    Competitive, fixed interest rates. View our current 504 Loan rates


Grow Loan Amounts

•    $50,000 to $5.5 million


 Repayment Terms

•    10 or 20 years for machinery and equipment dependent on useful life


 Project Size

•    Not more than $25 million


 Ready to Apply?


 

 

Source: US Small Business Administration

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