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.

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504 Quick Reference Guide 092611.pdf88.37 KB

Most Recent SBA 504 Rates

5.19%
April 2014
504 20-Year Term
4.48%
March 2014
504 10-Year Term