A Viable Option to Fund Your Possibilities
SBA 504 loans have more stringent qualification criteria than other SBA lending programs, but they still have many benefits that make them an attractive alternative to traditional loans.
Lower Interest Rates
SBA loans offer lower interest rates and fees than many traditional lenders.
SBA 504 loans are easier to access than traditional loan programs and are built for businesses that may not qualify for conventional lending.
Extended Repayment Terms
Repayment options ranging from 15 to 25 years make SBA 504 loans more feasible for small business owners.
Low Down Payments
SBA 504 loans offer smaller down payment options, with most requiring 10% down, and in special cases, up to 20%.
Flexibility for Purchases to Grow Your Business
SBA 504 loans are used to create jobs and promote business growth through real estate, supply, and equipment purchases.
Access to SBA Resources
SBA loan recipients enjoy access to the organization's vast network of resources, including mentorship and training opportunities.