SBA 504 Loans. Made for Your Small Business.

Our SBA 504 loan program is made for your small business. It’s specifically designed to help start-up businesses thrive, expand existing businesses and create new jobs. This is done by providing long-term, low down payment, reasonably priced fixed-rate loans to businesses which have the highest probability of successfully creating new jobs and competing in the world marketplace.

SBA 504 Loan Structure

  • 50% qualified lender in 1st lien position
  • 40% SBA 504 in 2nd lien position
  • 10% equity injection
  • New business or special purpose building will require 15 percent equity injection
  • New business and special purpose building will require 20 percent equity injection

Learn more about the benefits of using SBA 504 loans for your small business.

Commonly Used Forms

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Success Stories: Central MN Realty Awarded MBFC’s VetLoan Advantage Rebate!

Minnesota Business Finance Corporation (MBFC) is honored to present a $3,000 VetLoan Advantage Rebate to Matt Imdeke, President and Owner of Central MN Realty. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are active or retired members of military service.  Adam Vee, Commercial Loan Officer with American Heritage National Bank, and Joe…

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