Southeastern MN 504 Development Inc is a trusted and experienced provider of SBA 504 Loans in Rochester, MN. With over 30 years of service, they simplify the loan process and offer fixed interest rates for 10, 20, or 25 years, making it more affordable for businesses to finance commercial real estate, equipment purchases, and debt refinancing. Their loans provide low down payments and long-term fixed interest rates, backed by the federal government, allowing businesses to preserve cash and working capital.
As a certified SBA lender, Southeastern MN 504 Development Inc assists businesses in Minnesota and six counties along the Minnesota-Wisconsin border to secure these loans. They offer up to 90% financing, with the bank financing 50% and the 504 Corporation financing up to 40% of costs. With reduced lender risk, below-market rates, and longer loan terms, businesses can qualify easier and maintain consistent cash flow. Southeastern MN 504 Development Inc is dedicated to providing timely and seamless loan application, closing, and servicing processes for businesses and their banks.
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