Even small businesses have big-ticket needs

With an SBA 504 Loan, you can buy a new building, expand an existing facility or acquire heavy machinery without digging deep into your working capital. At Purdue Federal, Member Business Services can explain how this popular government-backed program can jump-start your next project or growth phase.

Loan Terms

  • Loans ranging from $150,000 to $5.5 million
  • Low, fixed interest rates on SBA portion of loan
  • Repayment terms ranging from 10 to 20 years
  • Low down payments of 10% to 20%
 

Eligible SBA 504 Uses

  • Purchase existing building
  • Land acquisition and ground-up construction
  • Expansion of existing building
  • Finance building improvements
  • Purchase equipment
Work with our Purdue Federal Business Services team with decades of commercial lending experience.

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See Guide to Member Business Services and Business Rate Sheet for full disclosures.