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We Fund the American Dream

SBA 504 Loans

SBA 504

SBA 504 loans are available for up to $5 million. You can use loan proceeds for existing buildings or land, new facilities, long-term machinery and equipment, as well as the improvement or modernization of land, streets, utilities, parking lots, landscaping, and existing facilities. Note that you can’t use these proceeds for working capital or inventory, debt consolidation, repayment, or refinancing, or for rental real estate speculation or investment.

SBA 504 Loan Terms 

  • Loan amount: Up to $5 million
  • Interest rates: Pegged to the 5- or 10-year U.S. Treasury plus approximately 3%
  • Repayment terms: 10, 20, or 25 years
  • Down payment: Usually 10% to 30%; varies upon age of business and use of funds

 
SBA 504 Loan Qualification Requirements

 To be eligible, your business must:

  • Operate as a for-profit company in the U.S.
  • Have a tangible net worth of less than$15 million.
  • Have an average net income of less than $5 million, after federal income taxes, for the two years preceding your application.

Click for Application Checklist

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Contact Us

+1 (844) 250-LOAN (5626)
+1 (714) 475-2941
30 N Gould Street, Suite R
Sheridan, WY 82801
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