SBA 504
90% Financing
The funds acquired through an SBA 504 may be used for purchase of machinery and/or equipment, land including existing buildings, new construction, and renovation or modernization of an existing building.
Amounts Available
$1,000,000 to $12,500,000
Various properties can be purchased or constructed with SBA 504 Loan such as:
- Convenience Stores
- Day Care
- Franchise Restaurants
- Gas, Lube, and Carwash
- Heavy Equipment
- Hotels
- Industrial
- Medical Office and Care
- Office Buildings
- Private for profit Schools
- Self-Storage
- Warehouse and Manufacturing
Do You Qualify?
SBA 504 Loan applicants must meet the following requirements to be accepted by the Certified Development Company (CDC). SBA-Capital will assist you to ensure that all the following guidelines and requirements are met:
- Operating as a “for profit” company
- Conducts business within the United States or within its possessions
- Have a net worth less than $15 million
- Have an average net income of less than $5 million after taxes for the previous two years
- Non-publicly traded companies
- In-sufficient financial assistance from alternative sources
- Well written Business plan