FAQs - What is an SBA 504 loan?

The SBA 504 loan program is a partnership program between a Certified Development Company (CDC), such as SPEDCO, and a lender. The SBA 504 loan program is an economic development program that promotes growth and job creation in American small businesses by providing fixed-rate, long-term financing for land, buildings and manufacturing equipment or machinery.

Will your business qualify for an SBA 504 Loan?

Using land and property as equity, for lease or rental income.

How much can you borrow and what will it cost you?

Seller financing, assumable loans and multiple purchases.

How has the Stimulus Act affected the SBA 504 Loan?

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