SBA 504 Loan Program

Financing the growth of your small business is easier than you might think. If you’re expanding, you can access long-term, fixed-rate financing for the purchase of real estate, construction and equipment acquisition through the Small Business Administration (SBA) 504 Loan Program.

BDC is approved by the SBA to manage this program, which offers key advantages to qualified businesses that plan to invest in equipment and/or real estate, such as:

• Low down payment – conserving valuable operating capital
• Competitive, fixed interest rate – no future interest rate fluctuations
• Long term – brings debt service in line with the cash flow generated by the asset
• 10 – 25 year terms
• 10% borrower equity, 50% bank funded, 40% SBA

Our professional staff will work directly with you and the bank to develop a financing package that meets program guidelines and the credit criteria of your business.