What Is An SBA 504 Loan?
SBA 504 financing is designed for eligible small businesses that need long-term capital for fixed assets. Certified Development Companies, regulated by the SBA, work with lenders to deliver financing that supports business growth and job creation goals.
Common Uses
- Purchase, construction, or improvement of owner-occupied commercial property.
- Long-term machinery and equipment.
- Expansion or modernization of business facilities.
- Land acquisition and eligible site improvements.
How It Is Reviewed
Lenders review eligibility, project cost, owner contribution, repayment ability, business financials, collateral, occupancy, and whether the planned use fits SBA 504 program requirements.
Commercial Capital Lenders helps business owners organize the transaction, coordinate the project narrative, and identify the documentation lenders need to evaluate the request.