SBA 504 LOANS:
COMMERCIAL MORTGAGE FINANCING

client and broker looking at restaurant space

Meeting long-term credit needs

 

Delivered by SBA-supported Certified Development Companies (CDCs), this program is designed for small businesses requiring commercial mortgage and large-asset financing. The Bancorp works closely with CDCs and the SBA to provide funding.

USE OF PROCEEDS:

  • Purchase, construction or renovation of commercial real estate (CRE)
  • Purchase of heavy equipment and machinery
  • Program does not allow for working capital or trading asset financing.

LOAN DETAILS:


EXPLORE LOAN USES

 

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