SBA 504 Loans

We respect your hard work. And understand your needs.

There's nothing easy about keeping a small business strong and profitable. At Lincoln Savings Bank, we know that success for small businesses is often fueled by affordable financing for property acquisition, equipment purchases and expansion costs. We work closely with the U.S. Small Business Administration to provide the lending solutions Iowa businesses need to keep their competitive edge.

SBA 504 Loans

Funding for purchase of fixed assets, such as land, buildings or expensive equipment and machinery.

  • Fixed-rate loans
  • Financial assistance up to $12 million
  • Repayment terms up to 20 years
  • Funds can also be used to upgrade existing facilities and on property enhancements such as parking lots, landscaping and utilities
How to Apply for a SBA Loan

To prepare for your application, review the SBA’s Loan Submission Checklist. Key documents include:

  • Statement of personal history
  • Personal financial statement
  • Personal income tax returns for the last three years
  • Business tax returns for the last three years
  • Business certificate or license
  • Business lease
  • Loan application history
Lincoln Savings Bank is a full-service Iowa bank dedicated to local customers and communities since 1902.