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SBA 504 Loan

The Small Business Administration’s 504 loan program is intended to help small business receive financing for fixed assets. The SBA uses a community development company (CDC) to act as a lender for as much as 40% of the funds needed for business expansion. The CDC is a nonprofit organization and helps small business owners compete and become more productive, and competitive, in their business districts. In addition, the CDC will lend a hand if your business goals include expansion of exports. The SBA 504 loan is also concerned with giving special consideration to economically disadvantaged rural areas, minorities and female owned small businesses. We have more information about SBA Loans on our home page.

The SBA 504 loan is designed to accomplish a number of objectives. They are as follows:

First and foremost to create jobs. This program requires that the small business owner receiving funds from the SBA 504 loan

  • program create one job for every $50,000.00 in financing from the 504 program
  • Increasing business district development
  • Asset based loans for expansion of long term growth
  • Long term fixed rate loans for the financing of equipment and machinery needed to grow small businesses
  • Meeting the SBA community development goals

What is a SBA 504 Loan?
You will need to know what a 504 consists of, and determine if this is the loan that will suit your needs. What is a SBA 504 Loan and can it help my small business?

SBA 504 Loan Program
Learn about the SBA 504 program and the SBA community development goals. Things that you will want to know.

SBA 504 Loan Guarantee
Get information regarding the SBA 504 loan guarantee to determine if it matches the needs of your business.

SBA 504 Loan Application
The information and paperwork will you need to assemble for SBA 504 Loan Application loan. In addition, a breakdown of the needed documentation to qualify for funding.