Our mission is simple: help small business be their best. We do that by providing low interest, fixed-rate small business loans called SBA 504 loans. We provide 10, 20 or 25 year terms, so you can apply for the loan best suited for you.
Borrowers can apply for loans ranging from $100,000 to $5 million, so no matter the business, we’re able to help provide the funding that fits into your plans.
The loans are available across South Dakota, include takeout financing, and can be used to refinance qualified existing adjustable rate loans.
While each business and loan is unique, our SBA 504 loans typically have a 50-40-10 structure. Here’s what that means.
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