Wisconsin Small Business Loans

SBA 7(a) Loans

The 7(a) loan program is the SBA’s primary business loan program. These loans can be used for:

• Acquiring, refinancing or improving real estate and buildings
• Short- and long-term working capital 
• Refinancing current business debt 
• Purchasing and installation of machinery and equipment
• Purchasing furniture, fixtures and supplies 
• Changes of ownership (complete or partial)
• Multiple purpose loans, including any of the above

SBA 504 Loans

The 504 SBA loan program provides long-term, fixed rate financing for significant fixed assets that promote business growth and employment creation. These loans can be used to purchase or construct:

• Existing buildings or land 
• New facilities 
• Long-term machinery and equipment

Or the enhancement or modernization of: 

• Land, streets, utilities, parking lots and landscaping 
• Existing facilities 

We understand that not every loan fits in a box. Our specialty loans may be another great option to help with your specific financial needs.  If you are looking to finance (or refinance) owner occupied commercial real estate or equipment there are a lot of good reasons to take a look at the SBA 504 Loan. With access to this program, business owners can take advantage of lower down payments, affordable fixed rates and terms up to 25 years.

Additional Resources

• 3 Min Video of how the 504 program works
• A calculator that can compare financing with the 504 program to other options
• Some examples of how the SBA 504 loan is commonly used