Typical Use of Proceeds
Financing for Long term assets. Real Estate, long term equipment & eligible closing costs.

Loan Amounts
1st Mortgage - No Limit
2nd Mortgage
• $1,500,000 - Standard
• $2,000,000 - Public policy goal
• $4,000,000 - Manufacturing

Rate Structure
1st Mortgage - Both fixed and adjustable rates are available
2nd Mortgage - Fixed rates only

Typical Loan Amortization
1st Mortgage loan provides a maximum amortization of 25 years.
2nd Mortgage loan provides a maximum amortization of 20 years.

Click the link below to government website to learn more information about this product.

SBA 504 Loan Program

Loan application
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