
Superior California
Economic Development
"The 504 Pros"
The Best Kept Secret in Commercial Real Estate . . .
The SBA 504 Loan Program is a popular method of financing expanding small businesses (over $3 billion disbursed nationwide). The combination of a low down payment and a long-term fixed rate loan has prompted multiple area businesses to use the program!
Fixed Interest Rates for term of loan
Long-Term Financing - 20 years
Low Down Payment - Usually 10%
Expedited loan approval process
Generally, any project involving the purchase, construction or improvement of fixed assets are eligible. Examples include:
Land & Building Acquisition
Construction or Renovation
Purchase of Machinery or Equipment (useful life of 10 years)
Ready to get more information? Email rrichardson@scedd.org or call Ryan Richardson at 530-225-2760 x206 to discuss your project today!
This informative brochure on The Best Kept Secret in Real Estate Financing is easy-to-read and ready to be downloaded. Just the 504 Facts!