SBA 504 Advantages
- Low down payment - Preserves working capital. In most cases, down payment will be as low as 10%.
- Fixed interest rate on 504 loan - Competitive and usually below market rate, which allows stable cash flow planning.
- Long term financing - 10 or 20 year maturities, which produces lower payments.
- Rate of private sector financing usually more favorable (low LTV)
1323 58th Street | P.O. Box 3730 Freedom Station
Lubbock, Texas 79452-3730
Phone: (806) 762-8721
Cecily Miller - Director
Cristina Ash-Program Specialist
Robert Blackwell - Program Specialist
Kristina Corella - Program Specialist