The innovative 504 loan program offers an affordable opportunity to business owners who are purchasing a building or capital equipment:
At the same time, the participating bank has a more secure 50% loan-to-value with its conventional first mortgage. Everyone wins! Learn More.
The fantastic SBA 504 loan program just got even better for business owners and lenders. With the return of the powerful refinancing program, businesses can now refinance their conventional mortgage and lock in our low, 20-year fixed rate to save money and have long-term payment stability. In addition, the business can take out equity (up to 25% of the appraised value) to use for business operating expenses such as paying down other debt, inventory, repairs, or other obligations of the business. We make it easy and painless for the business owner to save money and for the lender to strengthen its position - it's a powerful win-win for all.