SBA 504 Loans

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Sometimes a boost from someone you trust is just what you need to get a leg up in business. When you partner with Miramar Federal Credit Union, that's exactly what you're getting — a financial boost to help you grow your small business.

Finance all kinds of business needs, from the purchase of a building to the construction of a new office space, with the help of a government-backed SBA 504 loan. You'll get competitive rates and terms personalized to your small business needs.

Summary
  • Can be used for:
    • Purchase of land, including an existing building
    • Purchase of improvements, including grading, street improvements, utilities, and more
    • Purchase of long-term machinery and equipment, e.g., manufacturing machines
    • Construction of new facilities or modernizing, renovating or converting and existing building or facility
  • Favorable terms for small businesses through the U.S. Small Business Administration (SBA)
  • Loan maturity between 10 to 20 years
  • Up to $5 million in financing
  • 10% to 15% down payment available on most commercial real estate and equipment loans
  • Up to 90% Loan-to-Value ratio
  • No prepayment penalties — reduce your interest by paying early

Learn more in our SBA 504 Loan Programs FAQ.

Finance the future of your business.