504 loan program

Understanding Your 504 Loan

Behind every good business is an owner who has made good decisions!  As a current 504 borrower, you’ve made the decision to take advantage of:

• No future balloon payments
• Peace of mind with a long-term fixed rate
• Predictable payments
• Preserving your hard-earned working capital
• If you switch banks, you can switch over your first mortgage without having to pay off your 504.  Just have your new lender contact us!