25-YR FIXED RATE
6.28%
20-YR FIXED RATE
6.35%
10-YR FIXED RATE
6.46%
REFINANCE RATE
+0.025%
empowering economic growth
SBA 504 Advantages
Borrower Benefits
- Low down payment (10% in most cases)
- Low, fixed interest rate on 504
- Long loan term
- Includes soft costs such as furniture, fixtures and fees
- Payment stability
- Preserves working capital
- Protection from balloon payments
- Can include leasehold improvements
- Up to $5 million for SBA portion of loan, no limit on overall project size
- Keep your lender or allow us to match you with one of our lending partners
- The 504 Loan Program can be used multiple times
Lender Benefits
- Reduced lending exposure with 50% loan-to-value
- Manages commercial real estate concentration issues
- Opens up lending availability
- Maximizes middle market lending
- High size limits and business size caps
- Preserves working capital, which keeps cash in deposit accounts
- Can refinance commercial mortgages with cash out for business expenses
- Unique marketing opportunity
- Finances heavy machinery and equipment
- Attracts new borrowers
- We are your partner, not your competitor…you keep your clients
- The 504 Loan Program can be used multiple times
expansion solutions
HOW SBA 504 LOANS ARE TYPICALLY STRUCTURED
%
Local Bank
A bank provides a first mortgage
for 50% of the total project costs
%
SBA 504 Loan
Growth Corp provides an SBA 504 Loan (as a second mortgage) for 40% of the total project
%
Borrower
The borrower provides a down payment
of typically just 10% of the total project costs
SBA 504 Loans are made in conjunction with your local bank…so you can keep your lending relationship.
Our mission is to advocate for small businesses.
We love our communities and believe small business is the foundation of their economic prosperity. We will do all we can to support you and your business goals. Start-ups to seasoned businesses and everything in between can benefit from working with Growth Corp. Here’s why:
We Are An Industry Leader
In Business 30+ Years
We’ve assisted thousands of businesses spanning various industries. In fact, our portfolio is currently in excess of $817 million.
Trusted by the U.S. SBA
877-BEST 504
www.GrowthCorp.com
A Non-Profit Organization Focused Exclusively on Small Businesses
By using this website, you understand that Growth Corp is good, but not perfect (although we do try!). Therefore, it is possible that you may find information on this site that is no longer accurate. Links, images, downloads, pages and blog posts may inadvertently contain information that has been superseded over the years. You also understand that we aren’t giving any legal, tax, or financial advice. So, while we hope our site makes you love 504 Loans as much as we do, the content herein is for informational purposes only.