SBA 504

Traditional SBA 504 Financing:

• Land and building purchases
• New construction or renovation
• Heavy machinery or equipment purchases and moving expenses
• Debt refinancing of non-government guaranteed owner-occupied commercial real estate and equipment debt
• Soft costs (e.g., appraisals, title searches, attorney's fees, ect.)
• Owner-occupied

Key Features:

• At least 10% contribution provided by the borrower
• Up to 50% provided by Harborstone
• Up to 40% provided by the CDC

Other Benefits:

SBA Portion 

• Low fixed interest rate for 20 years
• No balloon payment

Harborstone Portion

• Low fixed rate amortized up to 30 years
• Work with local lender

SBA 504 Refinancing:

• Lower your interest rate
• Lower your monthly payment
• Extend the repayment period
• Borrow up to 90% of the market value of your building 

Key Features:

• Refinance business loans that may be facing balloon payments or maturity
• Benefit from the low rates offered by the SBA 504 program
• Reduce the costs of your existing business loans

Other Benefits:

• Learn more about an SBA 504 refinance
• Get information or apply today: contact Janie Sacco, or Tony Bulleri. 
• Need more? Visit our dedicated SBA 504 refinancing website at www.hculoan.com!