Why SBA Financing?
SBA loans open the door to funding that many traditional loans simply can’t offer. Whether you’re starting, expanding, or stabilizing your business, these programs are designed to make growth more accessible.
With SBA financing, you may benefit from:
- Lower down payment requirements
- Longer repayment terms that improve cash flow
- Flexible funding for acquisitions, expansions, or working capital
- Access to capital even with limited collateral
Real Results for Real Businesses
We’ve helped business owners secure financing at every stage. Here are some recent SBA financing examples:
- $250,000 SBA Express Line of Credit – Roofing Company
- $50,000 SBA Express Line of Credit – Insurance Agency
- $85,000 SBA Startup Loan – Surveying Company
- $288,000 SBA Franchise Loan – Restaurant
From first-time entrepreneurs to experienced operators, SBA loans create opportunities to move forward with confidence.
Built for Business Owners Like You
With over 30 years of SBA lending experience, we understand that every business has a different story and a different need. SBA financing helps bridge the gap by reducing lender risk, which allows for more flexible and favorable terms for you.
Whether you’re launching, scaling, purchasing equipment, or refinancing debt, SBA programs are designed to support long-term success.
SBA Loan Options
SBA Express
Fast, flexible financing available as a revolving line of credit or term loan.
SBA 7(a)
A versatile option ideal for startups, acquisitions, expansions, equipment, leasehold improvements, and more.
SBA 504
Long-term, fixed-rate financing for commercial real estate and major equipment often up to 25 years at below-market rates.
Why Choose an SBA 504 with First Security?
- The program’s competitive fixed interest rate (check with First Security for current rate)
- Most soft costs can be rolled into the project financing
- Helps accomplish projects when borrowers have limited equity/down payment
What can 504 loans finance?
- Purchase of land (with intention to build)
- Purchase of existing commercial building
- Construction of building
- Furniture, fixtures and equipment
How much can a business borrow?
There is no limit to the total project cost. However, the SBA portion of the 504 financing cannot exceed:
- $5 million
- $5.5 million for manufacturers or green energy efficiency projects
- No maximum limit placed on a participating lender’s loan portion
What is the required borrower contribution?
- 10% (in most cases)
- 15% for startup businesses (less than 2 years) or special-purpose facilities
- 20% if the project is both a startup and a special-purpose facility
The SBA 504 program cannot be used for the following business purposes:
- Working capital and inventory (a separate loan can be used for working capital/inventory)
- Real estate investment properties (occupancy restrictions apply)
- Goodwill, automobiles, trucks and other rolling stock
- Tenant improvements
- Franchise fees
SAMPLE 504 PROJECTS FINANCED
Medical, Dental & Veterinarians
- Offices and clinics
- Outpatient surgery centers
- Hospitals and labs
Suppliers & Wholesalers
- General warehouses and cold storage
- Import/Export/Freight-forwarding
- Food and produce suppliers
Manufacturers
- Industrial and consumer
- Steel and pipe fabrication
- Food processing
- Chemical plants
- Automotive industry suppliers
- High-tech
SBA 504 loans can also be a great choice for Retail & Franchise Businesses, and many more!
