Business Details
Trusted SBA 504 Corporation Loan Provider in Rochester, MN
504 Corporation has specialized in simplifying the SBA 504 Corporation loan process for over three decades. As a certified SBA Development Company, we collaborate with lenders and government agencies to deliver accessible financing solutions for commercial real estate, equipment purchases, and debt refinancing. Our expertise spans Minnesota and six border counties in Wisconsin, where we prioritize job creation, economic growth, and supporting women-, minority-, and veteran-owned businesses.With headquarters in Rochester and a satellite office in Mankato, our team provides fixed-rate loans with low down payments, offering terms up to 25 years to preserve client cash flow. We complement SBA programs with guidance on alternative funding sources through local, state, and federal initiatives, ensuring comprehensive support for small businesses seeking sustainable growth.
Services
SBA 504 Loans
Commercial Real Estate Financing
Equipment Purchase Loans
Debt Refinancing
Economic Development Support
Highlights and features
- We offer 30+ years of SBA loan expertise in Minnesota and Wisconsin.
- Our SBA 504 Corporation loans provide fixed rates up to 25 years.
- We deliver down payments as low as 10% for qualified borrowers.
- Our team services both Minnesota and six Wisconsin border counties.
- We specialize in job creation and economic development financing.
Associations and certifications
- SBA Certified Development Company
Services
SBA 504 Corporation Loans
SBA 504 Corporation loans finance commercial real estate purchases, equipment acquisitions, and debt refinancing. These fixed-rate loans offer terms up to 25 years with down payments starting at 10%. Businesses can access up to 90% financing through combined SBA and private lender partnerships, reducing upfront costs while maintaining predictable monthly payments.
Commercial Real Estate Financing
Specialized financing for commercial property purchases or refinancing existing real estate debt. Loan structures allow businesses to preserve working capital while securing favorable terms. Programs support owner-occupied properties and income-generating real estate across Minnesota and western Wisconsin markets.
Equipment Purchase Loans
Fixed-rate financing for new or used business equipment acquisitions. Loans cover machinery, vehicles, and technology purchases with repayment terms matching asset lifespans. This preserves cash flow while enabling business expansion through modernized operational assets.
Debt Refinancing
Refinance existing real estate or equipment debt to secure lower rates or improved terms. Programs allow up to 90% loan-to-value ratios, releasing equity for business operations while stabilizing monthly payment obligations through fixed-rate structures.
Economic Development Support
Promote job creation and local economic growth through targeted financing programs. Special initiatives support women-, minority-, and veteran-owned businesses while expanding manufacturing capabilities and rural economic infrastructure across service regions.
Questions
What is an SBA 504 Corporation loan?
SBA 504 Corporation loans provide long-term financing for commercial real estate, equipment, and debt refinancing with low down payments and fixed rates.
How much can I borrow?
Loans finance up to 90% of project costs through combined SBA and private lender funding.
What are current interest rates?
Rates vary by term: 10-year (5.78%), 20-year (6.14%), and 25-year (6.07%-6.10%) options available.
Which areas do you serve?
We operate statewide in Minnesota and six Wisconsin border counties.
What down payment is required?
Standard down payments start at 10%, with 15-20% for startups and single-purpose buildings.
How does the loan process work?
We handle SBA application, closing, and servicing while coordinating with your bank for seamless financing.