LOW DOWN PAYMENT
YOU WANT A LOW DOWN PAYMENT? YOU GOT IT.
Only 10% down
Keep more
of your cash for working capital
LONG-TERM FIXED INTEREST RATE
Lock in your rate for 25 years
Our interest rates are
typically below market
rates
A fixed rate means
a consistent monthly
payment
We offer 10-year, 20-year, & 25-year
loans, fully amortized
CALL A LOAN OFFICER
Want to find out more about our working capital loans?
Call or email a Loan Officer.
Phone: 801.474.3232
Email: loans@mwsbf.com
LOAN STRUCTURE
The typical Mountain West 504 Loan is structured to allow you to put 10% down. We participate with banks and credit unions to make this possible. Here’s how the loans are structured:
Add 5% or 10% Down If…
-Situation 1-
Startup Business
Companies who have been in business less than two years are considered startups by the SBA and require a 15% down payment.
-Situation 2-
Special-Purpose Building
Certain types of buildings are considered “special purpose” and require a 15% down payment.
-Situation 3-
Startup Business AND
Special-Purpose Building
When your business is a Startup AND you have a Special-purpose Building, you’ll need to provide a 20% down payment.
REFINANCE LOAN AVAILABLE
If you already own your commercial building, you can refinance it
with a Mountain West 504 Loan.
Or call a Loan Officer to chat about your project