SBA 504 loan is intended to provide attractive financing options for small businesses in need of expansion and/or purchase of land, buildings, and equipment with tenure up to 25 years.


It offers small businesses with low-interest rates than any traditional source like 10 years (2.23%), 20 Years (2.36%), and 25 years (2.4%) Approx.

SBA 504 loan typically takes several months to get approval, but in some cases, project complexity may matter.

SBA 504 loan eligibility: Profitable businesses operating in the US should have assets net worth of less than $15 million and should have an average net income of less than $5 million for the two years prior to the application.

To get an SBA 504 loan, you'll need to find and then file CDC(Certified Development Company)which will help you to submit the application to SBA.

The SBA 504 loan offers small businesses to expand by purchasing fixed assets such as real estate and equipment.

SBA 504 loan helps to promote business growth and encourage job creation.

SBA 504 loan cannot be used for business expenses, Working capital, or inventory and refinancing debt.