SBA 504 Loans
The objective of the SBA 504 loan program is to achieve community economic development through job creation and/or retention, or other economic development impacts by providing long-term fixed asset financing to small business concerns.
Meet Katie
In this video our Senior Closing and Servicing Specialist walks you through how Altura can help your small business.

Finance Terms
The SBA 504 loan may finance up to 40% of an eligible project, not to exceed $5,000,000 ($5,500,000 for manufacturing firms). The borrower is required to inject at least 10% (not to exceed 20% depending on circumstances). The borrower’s bank provides the remaining amount, typically 50%.

Business Eligibility

Interest Rate

Project Eligibilty
An eligible project can include: plant acquisition, new construction, renovations or expansions, acquisition of machinery, equipment and fixtures, partner buyouts, land and site improvements, and certain eligible soft costs associated with the above.
SBA 504 Effective Rates
Interest rates are determined by SBA and change on a monthly basis.
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25-Year Rate
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20-Year Rate
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10-Year Rate
Listen to What Our Partners are Saying
Zions Bank
“Understanding what Altura can provide through their loan programs is invaluable.”
Titan Fuel Tanks
“We are very grateful for the support and financing provided to help Titan Tanks take that next step toward our future growth”