The SBA 504 Loan Program: Helping Small Businesses Think Big

A long-term, fixed-rate solution

The U.S. Small Business Administration established the 504 loan to help businesses purchase equipment and commercial real estate while retaining working capital.

The SBA 504 loan puts financing within reach for small businesses through low down payments and long-term, low, fixed interest rates. And it reduces the risk to lenders through a shared financing structure.

Eligible 504 loan uses

• Land and building purchases
• New construction or renovation
• Heavy machinery or equipment purchases
• Limited debt refinancing with a new 504 eligible expansion
• Soft costs (e.g., appraisals, title searches, attorney’s fees, etc.)

The SBA 504 loan boosts business expansion and supports economic development in communities nationwide.