WHY AN SBA LOAN?
The U.S. Small Business Administration established the 504 loan program to help businesses purchase or expand commerical real estate and acquire equipment while preserving working capital. Click for more
For nearly 30 years, Wisconsin Business Development has helped business owners find solutions and strategies to help their small businesses grow. We are there every step of the way to provide financing to your business as it continues to develop over time. We understand the need for capital rises as you expand your small business and will be there to help you grow by providing access to the SBA 504 loan - the premier small business financing tool.
The U.S. Small Business Administration established the 504 loan program to help businesses purchase or expand commerical real estate and acquire equipment while preserving working capital. A 504 loan puts such fixed-asset projects within reach for small businesses by requiring lower down payments than conventional financing and providing long-term, fixed interest rates for up to 20 years. It also reduces the risk to lenders through its structure as second mortgage financing.
For working capital, inventory, and equipment financing needs, WBD also provides Lender (Loan) Packaging Services for borrowers and lenders throughout the state. These loan programs include the SBA's 7a program, WHEDA programs, and USDA's Business & Industry program. For more information, see our Lender Services page.
If you are a current SBA 504 borrower and need more information, please click on the Loan Servicing page.