Program Description:
Long-term fixed financing (for the life of the loan i.e. 10 or 20 years) for new and growing businesses that are creating jobs and buying fixed assets (i.e. land, buildings, or equipment).
By saving a business from using its working capital to purchase fixed assets, this program preserves a business' cash or working capital to do what it does best-Operate a Business.
Program Benefits:
- Low Down Payment
- Long-Term Financing
- Attractive Interest Rates
SBA 504 loans may be used for:
- Purchase of owner-occupied land and buildings
- Construction of new facilities
- Renovation or remodeling existing facilities
- Equipment purchases
For consideration, please request an application.
Fees for Service:
$1,500 at the time of application, returned if a loan is not approved.
Payment Methods:
Fees associated with approved loans are included in the long-term finance package created.
Contact for more information:
Cathy Wendler, Business Development Specialist
The Economic Development Corporation of Jefferson County
5217 Highway B, P.O. Box 623
Hillsboro, MO 63050
Phone: (636) 797-5337
EMAIL: cwendler@jeffcomo.org
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