Lending Power | Loan Programs & Leadership for small business

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SBA 504 Current Rate:

4.635%

View Rates

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Financing Example

90 % Financing for Owner-Occupied Real Estate, Machinery and Equipment

CIC partners with a bank, or other lender, to provide up to 90% financing of the borrower's project.


Typical CIC 504 Loan vs. Conventional Financing

Our example below illustrates a typical CIC 504 project totaling $1.6 Million.  See how CIC's 504 Loan can help you keep $168,000 of your hard earned cash out of the project and available for your operating needs.    

(hard and soft costs are included in this example)

CIC is an economic development lender contributing financial expertise and practical guidance to small business entrepreneurs in Connecticut and Rhode Island who have powerful ideas and need more power to grow them.