What are the advantages of an SBA 504 loan?

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Low Down Payment

  • 504 Loans require between 10% and 20% down. Small businesses receive up to 90% financing, allowing them to preserve working capital for business expansion.
  • Low fixed rate 504 Loans utilize fixed rates that are usually 1-2% under conventional financing.
  • Low monthly payments.
  • No balloon payment.
  • Collateral is typically only the building or equipment being financed.