Business Lending

Helping Businesses Find the Resources They Need to Grow

What We Do

Region IV Development assists small businesses in obtaining commercial financing throughout Idaho. Since making our first loan in 1984, our organization has assisted in the financing of over 500 loans. These loans have created and retained over 4,500 jobs through the successful leveraging of approximately $284 million in private capital investment. Our lending programs can provide business owners with access to capital that meet their financial needs.

Let Us Help

Region IV Development’s Loan Division focuses solely on the progression of small businesses. We will walk step by step with business owners to find financing that will meet their needs. Region IV Development can help small businesses from startups to expansions. We can partner with banks or work individually to provide financing for real estate, equipment, inventory, tenant improvements and working capital from the Magic Valley to the Treasure Valley.

Occasionally, there are also some instances where lending institutions are unable to finance certain projects. In those instances, we have revolving loan fund programs in which we can take on the financing of the entire project.

Borrowers must have a marketable skill, service or product available to the public. Applicants must demonstrate that the business has or will have adequate cash flow and profit to repay the loan.

Our Programs

Below is a breakdown of our loan programs and their guidelines.

Financing available for fixed assets (real estate, equipment and refinancing) throughout the state of Idaho
Loan up to $5 Million
Requires lending participation
- Required 10% down on all projects
  - Extra 5% on startup businesses
    - SBA defines a startup business as 2 years old or less at the time the 504 loan is approved by SBA based on when the business began generating revenue.
    - A business may also be considered a “new business” if there has been a change in ownership in the last 2 years.
  - Extra 5% on special use facilities
    - Special use facilities include car washes, bowling alleys, swimming pools, etc.
- Typically 10% down from the borrower, 50% from the lending institution and 40% SBA
Low, fixed interest rates for the life of the loan
10, 20 and 25 year terms

Loans up to $250,000 for real estate, equipment, inventory and/or working capital
Low interest financing
Terms up to 7 years for working capital, 10 years for equipment, and 20 years for real estate
No prepayment penalty
Approved and controlled in house
Limited funds
Restricted to south-central and south-west Idaho counties including; Ada, Adams, Blaine, Boise, Camas, Canyon, Cassia, Elmore, Gem, Gooding, Jerome, Lincoln, Minidoka, Owyhee, Payette, Twin Falls, Valley and Washington

SBA 504 Current Interest Rates

25 Year

3.63%

20 Year

3.53%

10 Year

3.94%

Apply Now

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