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