Loans from $10,000 to $5.5 Million

The NEPA Business Finance Center, through its pool of federal, state, and local funds, provides low-interest loans to qualified small businesses. Interest rates currently range from 3% to 5% (subject to change) and are fixed throughout the term of the loan — regardless of any upward movement in prime lending rates.

The objective is to provide financing to help small business create/retain jobs, attract additional investment from banks and other sources of private and public funding.

Loans through this Program offer repayment terms standard in today’s credit markets. Generally, loans are used to supplement other financing by providing up to 50% of the loan amount with maximum of $5.5 million

Loan Calculator

Loan Calculator

NEPA Loan Advantages

Low, fixed interest rates

Lower down payments

Standard loan term maturities

SBA 504 Program

The most recent program added to the NEPA financing products is the SBA 504 Program. This program offers long term, market based, fixed rate, subordinate financing for fixed assets. The 504 Program provides 40% financing with a maximum loan of $5.5 million dollars. Eligible small businesses must have less than 500 employees and meet income and net worth thresholds. A wide variety of business sectors are eligible for loan consideration.

Loan Program Features

  • Interest Rate
    Attractive Fixed-interest rates currently 3% to 5%

Loan Terms

  • Machinery and Equipment
    10 Years (new or used)
  • Land and Building (Acquisition, Renovation, and Construction)
    up to 25 Years