The 504 program also allows for a limited amount of existing debt to be refinanced, the debt must be an eligible fixed asset. This part of the program allows your business to expand, which includes any Project that involves the acquisition, construction or improvement of land, building or equipment for use by the small business applicant. *For additional details please contact your team at Preferred Lending Partners.
Preferred Lending Partners processes, approves, closes and services the loans. Funding is arranged by Preferred Lending Partners issuing a bond. Preferred Lending Partners is the liaison for the SBA regarding all aspects of the 504 program.
If you are interested in more specifics regarding the SBA 504 program we encourage you to visit the SBA website here. If you have questions, contact our office and one of our knowledgeable team members will happily walk you through the process.
Local business growth is vital to Colorado’s future and to the future of our nation. Our innovative commercial financing helps local business owners become tomorrow’s business leaders! Let’s work together to get you there.