SBA 504 Loans
Small Business Administration (SBA) 504 loans are backed by the government and designed to provide long-term, fixed-rate financing for major fixed assets, such buildings and equipment.
- Ideal for small businesses looking to grow yet finding it difficult to qualify for conventional financing
- Down payments as low as 10%
- Interest rate depends on size, term and use of proceeds
- The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt
- Borrower must maintain their primary business deposit relationship with North Island
- Visit the SBA web site for eligibility, terms, and max loan amount
To apply or for more information, please contact:
Gil Espino (619) 656-7108 | email Gil
Pat Hennegan (619) 591-7590 | email Pat
Terms & Conditions
Programs (including but not limited to fees, rates, and features) are subject to change without notice.
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