SBA 504 Loan Program

NORTH CAROLINA'S #1 SBA 504 LENDER

Self-Help is the largest certified development company (CDC) in North Carolina. The SBA named us "N.C. Certified Development Company of the Year" in both 2007 and 2005 because we originated the most 504 loans of any CDC in the state. Our volume has continued to grow.

We thank each and every one of you who helped us achieve this level of support for our state's growing small businesses.

The SBA 504 Loan Program

A private lender, Self-Help, and the Small Business Administration partner to help finance long-term assets through this program. Self-Help has seven offices located throughout North Carolina to help small businesses find the best financing option as they grow.

Benefits to Lenders:

• No specific restrictions on fees and rates
  
• Low collateral risk
• Self-Help handles all SBA paperwork and answers SBA-related questions from the borrower from approval to servicing the loan
• You capture all deposit relationships, so your relationship grows as the borrowers grow their businesses

Benefits to Borrowers:

• Low down payment (as little as 10%) doesn't deplete cash on hand. So you conserve working capital, grow faster and create more jobs
• Longer repayment terms reduce your monthly payments
• Fixed interest rate on SBA loans, usually at below-market rates -- means no future rate fluctuations