Small business loans help turn small ideas into big dreams. With a U.S. Small Business Administration 504 (SBA 504) from GSB, you get the cash to get your small business running—and we get to be part of the incredible journey.
Business owners know first-hand about growth and job creation. SBA-guaranteed loans come in multiple forms and terms. Speak to your GSB Business Banker to find out how we can help.
SBA Loans to Help Grow Your Business
- What is a SBA 504 loan?
- What can a SBA loan be used for?
- What are the key aspects of a SBA 504 loan?
SBA loans are government-guaranteed small business loans that are backed by the Small Business Administration and are designed to help individuals qualify for funds to help start or grow their business. With less strict eligibility requirements, SBA loans can be particularly helpful when business owners are not yet able to secure funding via traditional loans or other sources.
The SBA 504 loan is ideal for purchasing land, owner-occupied real estate the renovation of an existing property, or the purchase of equipment, machinery, furniture, or fixtures for your business.
- Loan amounts up to $15,000,000
- Terms up to 25 years for commercial real estate and 10 years for equipment financing.
- SBA debt portion up to $5,500,000 and total project size up to $20,000,000
- Requires 10-20% down payment
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