Ready to work with us?
Our work with you on a loan application is not a commitment to lend or extend credit.
When you’re ready to purchase your first commercial storefront, acquire land for expanding, need to remodel your current location, or want to build your own customized facility, an SBA 504 loan may be right for you.
Through this unique program, your bank provides 50% of the financing and SBA provides up to 40% of the financing, with a 10-20% equity injection required.
- SBA portion up to $5.5 million of total project cost
- SBA rates fixed slightly below market
- Term of 10-20 years
- Bank terms and fees will vary
Benefits for you:
- Low down payment
- Low fixed interest rate
- Conserve your working capital
- Buy a building or buy land and build it the way you want
- Use for real estate, equipment, or leasehold improvements
- Our experienced loan officers are always ready to help
- Work with the only CDC with a 100% SBA approval rate for 504 loan applications