SBA 504

Beneficial SBA 504 Loans

SBA 504 loans are a fixed-rate, long-term financing option for purchasing owner-occupied real estate and equipment. This loan program was created by SBA to expand capital access for America’s small businesses and fill a market gap in long-term financing. Since the rates are fixed for the life of the loan, and the terms extend as long as 25 years, the 504 is one of the best financing options available for small business owners today.

The SBA 504 – Main Program

Improve your business and give yourself the opportunity to build, buy, and renovate your commercial space. If necessary, your 504 loan can even cover your equipment costs and existing debt. Enjoy working with the same person from our team every time you consult us. Rest easy knowing you’ll receive consistency and personalized attention throughout the life of your loan.

Borrower Benefits

  • Low down payment (10% in most cases)
  • Low, long term fixed interest rate on 504 leading to payment stability
  • Includes soft costs such as furniture, fixtures and fees
  • Preserves working capital
  • Can include leasehold improvements
  • Up to $5 million for SBA portion of loan, no limit on overall project size
  • Keep your lender or allow us to match you with one of our lending partners
  • The 504 Loan Program can be used multiple times

What you can do with your SBA 504 Loan

  • Buy equipment
  • Financing costs
  • Professional fees
  • Purchase real estate
  • Build commercial space
  • Renovate commercial real estate

How the SBA 504 process works

  • The bank lends 50 percent
  • We lend 30-40 percent
  • The borrower injects 10 percent
  • The borrower or the bank contacts us directly

Eligible small businesses

  • Hotels
  • Law firms
  • Restaurants
  • Manufacturers
  • Family entertainment venues
  • Any type of for-profit business