SBA 504 Loan Program

The SBA 504 Loan Program helps small businesses finance major fixed assets like real estate or equipment. It provides long-term, low-interest financing through certified development companies (CDCs), with typically a 50% loan from a bank, 40% from the CDC, and the owner contributing about 10%. This structure reduces upfront costs and makes borrowing more affordable, supporting business growth and job creation. It's ideal for businesses needing substantial capital for expansion but seeking favorable loan terms compared to traditional financing.