REI Lending Programs
4.71%*
SBA 504 Effective Rate February 2012
Fixed & Fully Amortized Over 20 Years
* includes fees to CDC, SBA, and central servicing agent. Based on pricing published by NADCO.
Lenders may quote 504 rates differently but all 504 loans funded in a given month carry identical rates. REI quotes the rate published by NADCO for the first 5 years as this is the rate on which the borrower’s monthly payment will be based.
REI has statewide lending programs to accommodate businesses of all sizes. We recognize that every business is different, with different needs. We have a highly qualified staff of 40 economic development professionals dedicated to helping meet your business needs. Call today to see what REI can do for you!
- Business loans range from $1,500 to over $10 million.
Access the Business Loan Application here - Our Financial Services Division specializes in small business loans and packaging short and long term loans for new or existing businesses.
- REI is a Community Development Financial Institution of the U.S. Treasury Department and a Certified Development Company of the U.S. Small Business Administration.
- Five office locations allow us to better serve the entire state
- We structure lending programs to fit your individual needs
- REI is a Community Development Financial Institution of the U.S. Treasury Department and a Certified Development Company of the U.S. Small Business Administration.
Loan proceeds may be used for:
- Land and Building(s)
- New Construction or Renovation
- Equipment, Inventory, Furniture, Fixtures
- Working Capital
- Refinance
Lending Programs Include
- SBA 504
- SBA Microloan
- IRP (Intermediary Relending Program)
- B & I (Business and Industry Program)
- SBA 7(a) – packaging services available
View the Lending Programs brochure or the SBA 504 brochure
REI works with the client and lender as a liaison, and assists with additional information needs until the loan request is approved, the loan closes and funds have been disbursed to the borrower. We are always available to answer questions, provide technical assistance or put clients in touch with other resources the business may need.
