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FEDERAL
Big Sky Finance SBA 504 Loans
Fixed-asset financing for Billings-area small businesses buying real estate, equipment, or expanding facilities.
About this program
Big Sky Finance, affiliated with Big Sky Economic Development, provides SBA 504 loans for small businesses investing in owner-occupied real estate, buildings, equipment, and expansion projects. The program helps Billings businesses access long-term fixed-rate financing with a certified development company structure.
Eligibility
Eligible for-profit small businesses using funds for owner-occupied real estate, equipment, or approved fixed assets.
Requirements
- Work with Big Sky Finance and a participating lender
- Provide business financials, project costs, collateral, and use-of-funds documentation
- Meet SBA size, occupancy, job creation, and underwriting requirements