What can we
finance?
With the SBA 504 loan, businesses are able to
finance the purchase of land, construction of a building, acquisition of
an existing building, renovations and related soft costs. In addition we
have options for financing machinery and equipment.
Why do businesses need 504?
Low down payment usually 10% of
project costs
Fixed Interest Rates
Long term
No Balloon
Payments
"Financing Growing
Businesses in Michigan Since 1981"