FINANCING YOUR BUSINESS CAN BE HARD

504

LOAN
PROGRAM

RURAL
REVOLVING

LOAN
FUND

WHETHER YOU’RE SEARCHING FOR A $10,000 EQUIPMENT LOAN OR WANT FINANCING FOR A $2 MILLION BUILDING PURCHASE, THERE IS A GOOD CHANCE WE HAVE THE RIGHT LOAN PRODUCT FOR YOU. 

Midwest Small Business Finance (MSBF) maintains a direct loan program made available in cooperation with the USDA, which is the Rural Revolving Loan Fund (RRLF). Repayments from loans are returned to the fund to be loaned out again.


The focus of this program is to assist existing eligible small businesses in Andrew, Atchison, Buchanan, Caldwell, Carroll, Clinton,Clay, Daviess, DeKalb, Gentry, Grundy, Harrison, Holt, Linn, Livingston, Mercer, Nodaway, Platte, Ray and Worth counties in Missouri. The target excludes towns with a population of 25,000 or more.

Loan Size:
Loan amounts range from $10,000 up to $75,000.

The 504 Loan Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land, buildings and large equipment.


Typically, a 504 project includes a loan secured with a senior lien from a private-sector lender covering up to 50% of the project cost, a loan secured with a junior lien from the MSBF (backed by a 100% SBA-guaranteed debenture) covering up to 40% of the cost and a contribution of at least 10% equity from the small business being helped.The borrower’s contribution may be greater for new businesses or special use buildings.

Maximum Debenture:
The maximum SBA debenture is $5,000,000

LOAN PROGRAMS

REVOLVING

LOAN
FUND

ILP

LOAN
PROGRAM

Midwest Small Business Finance (MSBF) maintains its own direct loan program, which is the Revolving Loan Fund (RLF). Repayments from loans are returned to the fund to be loaned out again. The focus of this program is to assist existing eligible small businesses located in Clay and Platte counties of Missouri.


Generally, the project assets being financed are used as collateral. Personal guarantees of the principal owners are also required.

Loan Size:
Loan amounts range from $25,000 to $150,000+.


SBA Award Winning Certified Development Corporation

We provide financing for the fixed assets your business needs.

Midwest Small Business Finance was selected as 1 out of 20 CDC’s across the nation to administer the ILP loan program.  This program  allows MSBF to provide fixed-asset funding to small businesses in Missouri and the eastern part of Kansas.


We provide low market rates fixed for the term of the loan. A low down payment of 10% is available on eligible project costs. Long-term financing up to 15 years is available. Fees and closing costs can be added to the loan.

Loan Size:
Loan amounts range from $25,000 to $200,000.

(816) 468-4989

WE MAKE IT SIMPLE