We provide the tools you need to effectively market the SBA 504 loan to your customers.  The BDFC Payment Estimator used in conjunction with the BDFC Financing Proposal Worksheet provides  a complete picture of how the bank and BDFC work together to finance the project.

We Simplify Business Finance: Complete the Financing Proposal Worksheet to determine the bank loan amount and the BDFC loan amount. The fees associated with the SBA 504 loan are typically financed and are included in the Debenture amount. Enter the BDFC loan amount (Debenture) from the worksheet. The Payment Estimator automatically calculates estimated loan payments on the SBA 504 loan, based on the current month’s effective rate. Complete the Loan Application.

The Payment Estimator is used to show how the effective interest rate is calculated and illustrates the payments are reduced every 5 years because the fees are recalculated based on the reduced principal balance. It also shows the historical stability of the effective rate over time and summarizes the pre-payment premium calculation if the SBA 504 loan is paid off in the first ten years. When you are ready to move forward, we will assist with completing the BDFC Loan Application and provide a timely and accurate preliminary loan approval.