SBA 504 LOAN PROGRAM

SBA 504 loans are available for owner-occupied Real Estate, and can be used to purchase a building, finance ground-up construction or building improvements, or purchase heavy machinery and equipment.

SBA 504 loan & lending PROGRAM DETAILS

SBA 504 loans are available for owner-occupied Real Estate and can be used to purchase a property, finance ground-up construction or property improvements, and/or purchase heavy machinery and equipment.

Unlike the SBA 7(a) Program, SBA 504 loans are structured as two loans – a 1st position conventional loan and a 2nd position SBA guaranteed loan. The resulting loans offer up to 90% LTV on Real Estate purchase, construction and refinance, and usually carry a lower blended rate then offered by the SBA 7(a).

Common SBA 504 Loans Uses:

  • Acquire or refinance owner-occupied real estate
  • Finance construction of an owner-occupied commercial building
  • Finance property improvements

SBA 504 Program Details:

  • Loan amounts up to $15 million
  • LTV Up to 90%
  • Rates Starting at 4%
  • Conventional loan terms 25 years
  • SBA CDC loan terms 25 years
  • Equipment loan terms 10 years

START YOUR ONLINE APPLICATION NOW OR CALL 855-424-2958

Why should you work with commercial finance partners?

  • Low Cost of Capital
  • Up to 100% Financing on Real Estate Acquisitions
  • Terms up to 25 Years
  • No Up-Front Fees
  • Over $250,000,000 of Funded Loans
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