Loans Offered by H-GALDC

SBA 504 Loans

SBA 504 Loan Program loans offer lower, fixed interest rates and 20-year repayment terms. Projects include fixed assets and typically range from $500,000 up to $10 million.

VetLoan Advantage

To help veterans get the financing they need for small business ownership and success, H-GALDC is proud to offer the VetLoan Advantage program.

H-GALDC will issue a cash rebate of up to ½% of 1% of the SBA 504 loan amount or up to $5,000 to help offset the veteran’s loan expenses, including appraisal and environmental reports.

Business Loan Fund

The Business Loan Fund offers loans with 10-year repayment terms for real estate, construction, equipment, and working capital with a minimum interest rate of 4%. Projects typically range from $100,000 to $300,000.