While there is no maximum project size, the 504 loan is limited to the lesser of $5 million or 40% of the total project costs. The first trust bank can lend more than 50% if necessary. The 504 loan limit increases to $5.5 million if the project is for a small manufacturing business or meets certain energy-efficient project requirements.
Current Rates
25 Year Rate
5
%
20 Year Rate
5
%
10 Year Rate
5
%