Why SBA 504?
25 years, fixed, below-market interest rate
An SBA 504 loan can provide your small business with a long-term loan (up to 25 years), a fixed interest rate (that is below current market rates), and financing in partnership your lender. When you secure an SBA 504 with High Plains Financial you will receive our full team to support your success.
*High Plains Financial provides this service and is staffed by the Great Falls Development Authority.
SBA 504 – The Basics
Loan Amount: Up to $5.5 Million
ELIGIBLE USES
- Land
- Acquisition of commercial real estate
- Business condos
- New construction or building expansion/renovation
- Long-term equipment or fixed assets
- Professional fees
BORROWER BENEFITS
- Low down payment (starts at 10%)
- Fixed interest rate for up to 25 years
- Includes soft costs
- Payment stability
- Preserves working capital
- No balloon payment on SBA portion
DEBT REFINANCE
- Offers low, fixed interest rates for up to 25 years
- Bank partnership program designed to refinance existing commercial real estate or machinery
- Debt refinance with and without expansion
- Refinance of qualifying 7a SBA program debt
Why Partner With High Plains Financial
High Plains Financial is a certified SBA Community Development Corporation (CDC) affiliated with the Great Falls Development Authority, Montana’s only Community Development Financial Institution (CDFI) and internationally accredited Economic Development Organization (EDO).
- Experienced team with a successful track record of doing SBA 504 loans
- Focused on project success and building strong relationships
- One of only two Montana CDCs offering 504 loans across the entire state
- We do the complex deals and want to be your lender!
Call, Email or Text to get started:
GFDA and HPF are proud to be equal opportunity employers, lenders, and providers.
In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.