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 owner-occupied commercial real estate and equipment 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 and moving expenses
  • 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.

504 Quick Reference Guide 092611.pdf88.37 KB

Most Recent SBA 504 Rates

April 2014
504 20-Year Term
March 2014
504 10-Year Term