If you’re is looking to buy or build a facility to house your business, you might want to consider having your bank or credit union provide you with two financing options:  One as a conventional loan and the other as a conventional loan in partnership with an SBA 504 loan.  Most conventional loans will require you to inject 25% to 30% of the cost of the facility as equity.  By partnering with the SBA 504 program your lender can reduce your equity injection to 10% to 20% and provide you with a competitive 20 year fixed rate on a portion of the loan. 

Premier Capital Corporation, a not-for-profit company, has been working with banks and credit unions in Indiana and other states for over 30 years providing over 800 Indiana businesses access to the SBA 504 loan program.  If you are not familiar with this program ask your banker for details or give us call at
877-974-0504.