Louisiana Capital is certified by the U.S. Small Business Administration to offer the 504 loan program. Since 1983, we have been working in conjunction with financial institutions to provide a low down payment on fixed rate, long-term financing.
NOW FUNDING LOANS THROUGHOUT ALL OF LOUISIANA
Low 10% down payment Fixed rate, long-term financing
How can you buy a building for your business with only 10% down?
How can you buy machinery and equipment for your business while preserving your working capital?
What is the 504 Loan Program all about?
Find out more about the SBA 504 Loan — A Fixed Rate Commercial Real Estate Loan With Only 10% Down
Private Lender
504 Financing
Equity
% of Project
50%
40%
10%
Security
1st lien
2nd lien
.
$ Amount
no limit
$1,500,000
.
.
.
$2,000,000 (public policy projects)
.
.
.
$4,000,000 (manufacturing projects)
.
Interest Rate
market
fixed
.
Real Estate Terms
10+ years
20 years
.
Equipment Terms
7 years
10 years
.
Important Note: To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all Certified Development Companies to obtain, verify, and record information that identifies each person who applies for a 504 loan. Such information may include: name, address, date of birth, driver's license, or other identifying documents.