The SBA 504 loan program offers the following advantages for small businesses:

Advantages for Small Businesses

• Finance up to 40% of the project at a long-term fixed rate
• A lower down payment, as little as 10% of the project, helps preserve working capital
• Decreased risk for banks – makes most deals happen
• Long term and amortization with no balloon payment
• Lower cost compared to 7 (a) guaranteed loan