SBA 504 Loan Program

The SBA 504 Program Defined

The SBA 504 Loan program provides long term, fixed rate financing at a very reasonable interest rate. The SBA 504 Loan Program is for the purchase and use of long term fixed assets (equipment, owner occupied commercial buildings, land). The 504 Program cannot be used for working capital, investment property, speculation, inventory, consolidating or repaying debt, or refinancing.

Is Your Business Eligible For A SBA 504 Loan

The types of businesses that should apply for the SBA 504 program are businesses that are ready to expand by purchasing a building, land or any other fixed asset. Your business must be a for profit organization. Business MUST have good credit (A - C+). Your business must also fall within the size standard set by the SBA..Your business is considered small if it does not have a tangible net worth in excess of $6 million and does not have a average net income in excess of $2 million after taxes for the preceding two years.


Generally, the project assets being financed are used as collateral. Personal guaranties of the principal owners are also required.

Benefits Of The 504 Loan Program

  • * Low down payment (generally 10% of project cost)
  • * All project cost can be financed
  • * Long Term - real estate deals - up to 20 years , heavy equipment 10 - 20 years
  • * Low interest rate


Please keep in mind that the SBA 504 loan program is for businesses located in the United States only.

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SBA 7A Information

Our Other Financing Programs

Unsecured Business Loans

No Collateral Or Down Payment Required these loans are for people with good credit that don't meet SBA loan requirements because they don't have the down payment or collateral required. We provide up to $150,000 for established businesses. Click here for more information

Factoring Your Account Receivable

Click here for our factoring / accounts receivable program Factoring is another way to obtain working capital for your business. Factoring is based on your clients credit not yours. All business types & stages (including start ups) accepted. Click here for more information


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About Us

NHBS Inc has been helping small business obtain secured forms of financing since 1999. We offer specialized equipment leasing programs for start up businesses and businesses facing credit challenges.
  • Equipment Leasing Programs
    We provided equipment leasing in the USA only. Minimum lease amount of $5,000. We do most types of equipment and provide programs to equipment sales people to help them provide financing for their customers [more]
  • New Business Equipment Leasing (Start up Businesses)
    This program requires no time in business. Must types of equipment funded. No vending routes or ATM routes. Minimum lease amount is $5,000. Homebased business o.k. [more]
  • Bad Credit Equipment Leasing
    This program is for people with PAST credit problems. If you are currently going thru problems or your bankruptcy is less than 3 years old. This program is not for you. Must have started to re-establish credit. Minumum lease amount of $5,000. [more]
  • Secured Business Loans
    These programs are secured by some sort of collateral. It can be already owned equipment, a companies accounts recievables, or even their monthly merchant account. Most of these DO NOT require the business owner to have good credit. Since the loan is secured, bad credit can be approved. [more]