The SBA 504 is designed for small businesses that want to invest in expansion but still maintain cash for working capital. As such, it provides fixed, below-market interest rates with longer loan term options and lower down payment requirements.

SBA 504 loans are provided in conjunction with a bank or other primary lender, financing up to 40% of the total cost of commercial real estate projects and equipment purchases. These features are ideal for a wide range of businesses, even if they already qualify for a conventional loan.