5.76% 5.03%
On 20-Year Fixed-Rate Loans: On 10-Year Fixed-Rate Loans:
(Plus Program Fees of 0.89%) (Plus Program Fees of 1.08%)
10-year debentures to fund again in July.
(Interest rates subject to change) .
ELIGIBILITY AND PREPARATION
 
To qualify for an SBA 504 Loan, a business is required to:
  • operate as a for-profit business entity;


  • have a private-sector lender commitment for up to 50% of project cost;


  • provide an equity injection of 10 to 20 percent of project cost; and


  • create/retain jobs or meet community development or public policy objectives.
If your business qualifies for the benefits of an SBA 504 Loan, please complete and submit this pre-loan application form. A representative from Minnesota Business Finance Corporation will contact you the next business day.

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About MBFC   |   Success Stories   |   Who Qualifies?
Resources   |   SBA 504 Loans   |   Training & Seminars
Scholarship   |   Sales Center   |   Press Center