August 01, 2019
Category: Financing Options
Since 1980, they've been dedicated to the enhancement of small businesses in the Northwest. They enable business owners to take their companies to the next level and understand that expanding your business while retaining enough working capital is a challenge. To help you face this challenge, they offer the SBA 504 loan. The 504 loan offers low down payments, low fixed interest rates for terms of up to 20 years with no balloon payments or refinancing. The 504 loan offers the certainty you need to build your foundation and broaden your entrepreneurial horizons.
Many small and mid-sized businesses are eligible for the 504 loan. Whether you need more space for your motel or new equipment for your manufacturing business, the SBA 504 loan can help. For the programs we offer, businesses must be organized as for-profit and must be located in the Pacific Northwest. For real estate projects you must occupy at least 51% of an existing building or 60% if it is being constructed. Contact your nearest Loan Officer to see if you qualify today. Learn More>