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 million3
- Low, fixed interest rates on SBA portion of loan
- Repayment terms ranging from 10 to 20 years9.a
- 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.
Helpful Resources
9.a See Guide to Member Business Services and Business Fee Schedule for full disclosures.