SBA 504 Loan Program

An SBA 504 Loan Program provides long-term, fixed-rate financing to assist small businesses expand by acquiring land, buildings, machinery and equipment. The loans are administered by Certified Development Companies such as SPEDCO in conjunction with commercial lending institutions.

In exchange for attractive long-term, fixed-rate financing, the SBA expects that its small business loan recipients will continue to expand, create and retain jobs, thereby benefiting the surrounding businesses and communities. The SBA 504 loan program is an economic development stimulus package designed for Main Street America!

With an SBA 504 loan, who benefits?

How is the loan structured and who is eligible?

Debentures, rates, payments and personal guaranties

Documents required for loan approval

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