Purchase Equipment

Dakota BUSINESS Finance offers an SBA 504 loan product that provides the flexibility of a 10-year fixed-rate loan for your equipment, requiring just a 10% down payment on most projects.  Additionally, refinancing options are also available.

Low Down Payment
  • Only 10% down for most equipment loans    
    • If the business is deemed new, an additional 5% down payment is required
Long-term Fixed Interest Rates    
  • Rates are Fixed for the life of the loan  
  • Dakota Business Finance offers a 10  fixed interest rate, fully amortized
  • See our current interest rates HERE
Common Types of Equipment / Machinery:  
  • Equipment with a useful life of 10 years or over  
  • Manufacturing
  • Specialty surgical equipment
  • If the equipment has a useful life of less than 10 years or has a VIN number, this type of equipment is ineligible.

Let’s assume a $1 million equipment or machinery purchase:

A typical bank conventional loan would look like:
Equipment Conventional
With an SBA 504 loan through Dakota BUSINESS Finance, the same project would look like:
Equipment SBA