Home Borrowers
Borrowers PDF Print E-mail

Borrowers, the SBA 504 Loan program offers you great options for fixed asset financing including:

  • Long terms - 20 years on buildings & real estate 10 years on long term equipment
  • Fixed interest - no variable rates
  • Low equity requirements
    • 10% for an existing business
    • 15% for a start-up business

Think of it as buying a home for your business!  Contact Souris Basin CDC today!

For more information click on the Borrower menu button on the Home page. Or Click Here!

 

Latest SBCDC News

504 Rates at Historic Lows

With the Setember 2011 20 year debenture at 4.70% our loan rates are extremely competitive.  This is a great time to use the 504 loan program for your planned expansion ...

Read More....

SBCDC Newsletter

Receive up to date information about the latest loan programs available to lenders and borrowers. Sign up to receive the SBCDC Newsletter!



Current Interest Rates

10-year Debenture Rates 3.82%*
20-year Debenture Rates 4.71%*

 

*Rates current as of 2/14/2012