We offer low-cost, fixed-rate loans to support small business creation and expansion, economic development, and job growth.
H-GALDC partners with local banks to provide low-cost, fixed-rate, government-guaranteed Small Business Administration 504 Loans. We also offer the Business Loan Fund when traditional financing isn't available or isn't enough.
"Our passion is to “Build Relationships that Last Generations!” Our land and building ownership, made possible through our partnership with H-GALDC is a big part of making the fulfillment of our passion possible. Thank you, H-GALDC for your support!"
- Clark B. Boyd
Molen & Associates
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.
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.
Explore tips and tools for small businesses, like developing a business plan.