SBA 504 Loans
Made for small businesses.
Our SBA 504 loan program is made just for small businesses. It’s specifically designed to help start-up businesses thrive, expand existing businesses, and create new jobs. This is done by providing long-term, low down payment, reasonably priced fixed-rate loans to businesses that have the highest probability of successfully creating new jobs and competing in the world marketplace.
SBA 504 Loan Structure
- 50% qualified lender in 1st lien position
- 30% to 40% SBA 504 in 2nd lien position
- 10% to 20% equity injection
- New business or special purpose building will require 15 percent equity injection
- New business and special purpose building will require 20 percent equity injection
Learn more about the benefits of using SBA 504 loans for your small business.