Financing for growth

and expansion

Current SBA 504 Rates

September 2026 Rates

25-Year Fixed Rate 6.54%
20-Year Fixed Rate 6.54%
CALCULATE YOUR SBA 504 LOAN

Effective rates are estimates based on the SBA Annual Servicing Fee for FY 2026.

Loan Programs

SBA 504 Loan Program

Northwest Indiana Regional
Growth Fund

Two organizations. More financing options.

One goal: helping businesses and communities grow.

The Regional Development Company and Northwest Indiana Regional Growth Fund provide a range of financing solutions designed to meet the needs of businesses and development projects throughout our region.

Through the Regional Development Company, businesses can access SBA 504 financing for owner-occupied real estate, new construction, improvements, and equipment with as little as 10% down and long-term, fixed-rate financing.

The Northwest Indiana Regional Growth Fund expands those financing options across the seven counties of Northwest Indiana with programs designed to meet needs at every stage of growth. Financing includes microloans for small businesses and start-ups, the Downtown Hobart BUILD Loan Fund for eligible Downtown Hobart projects, and funding for larger-scale economic and community development projects.

From starting a business to expanding an existing operation or bringing a major development project to life, our team can help identify the financing program that fits your project.

Mission

To foster business growth through proactive community involvement and strong partnerships within the banking, real estate, and economic development sectors.

Recent Projects

Our Lending Partners

First Financial Tech Credit Union Old National PEO Horizon Bank Purdue Federal Logo Regional Federal Credit Union DSB Opt CB Indiana Logo FMB H Bank Notre Dame FCU Logo Bank of America 1st Source Bank Logo Providence Porter Bank Logo GRNB