The SBA 504 loan offers benefits to both borrowers and lenders. The loan’s shared financing structure reduces risk for lenders, and its low down payment and long-term, low fixed interest rate puts financing within reach for businesses that may not qualify for conventional loans.
Benefits to lenders
Evergreen simplifies a complex process
Evergreen is an SBA Premier Certified Lender Program (PCLP) CDC, giving us increased authority to process, close, service and liquidate SBA 504 loans. The result is a smooth, expedited process. Additionally, our simultaneous signing process on straight purchases reduces hassle, paperwork and risk for everyone involved.