ABOUT US 504 REFI 504 TRADITIONAL FINANCIAL CALCULATOR CLIENTS FORMS

What is the 504 loan?

The Small Business Administration (SBA) 504 loan is a great financing product to help small businesses expand and grow. It frequently offers better rates and terms, and is designed for owner-occupied real estate projects.

All three of the following parties must team up to get a 504 loan:

  • Business
  • Bank or lender
  • Heartland Business Capital

Benefits

  • Low down payment for borrowers
  • Fixed rate instrument for 10 or 20 years
  • Long term financing
  • Paperwork is done by Heartland Business Capital
  • 50% loan-to-value for a lender