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REI Business Lending
SBA 504 20-Year Note Rate October 2020
Fixed & Fully Amortized
Lenders may quote 504 rates differently but all 504 loans funded in a given month carry identical rates.
REI Business Lending has statewide lending programs to accommodate businesses of all sizes. We recognize that every business is different, with different needs so lending programs are structured to fit your individual needs. Business loans range from $1,500 to over $15 million. Access the Business Loan Application.
Loan proceeds may be used for:
- Land and Building(s)
- New Construction or Renovation
- Equipment, Inventory, Furniture, Fixtures
- Working Capital
Lending Programs Include:
- SBA 504
- SBA Microloan
- IRP (Intermediary Relending Program)
- B & I (Business and Industry Program)
For more information, contact us today! We are a Certified Development Company (CDC) of the U.S. Small Business Administration. A CDC is an entity approved by SBA to provide 504 loans. We partner with private sector lenders to provide loans to small businesses. We also offer direct lending programs for businesses that do not qualify for conventional financing.
Our experienced, dedicated staff works with you every step of the way. From application, to processing, to closing and servicing your loan, we will guide you through the process, answering questions you may have along the way. Our award winning team has long-term lender partnerships which will help get you the capital you need to start or expand your business.
With offices throughout the state to better serve our clients, we are ready to help your company prosper. Contact us today to talk to a REI Business Lending staff member regarding your financing needs.