What is an SBA 504 Loan?
The Small Business Administration’s SBA 504 loan or Certified Development Company (CDC) Program is an initiative to connect entrepreneurs with lenders and funding. The program offers fixed-rate, long-term financing of up to $5 million, depending on the requirement type and business.
Who Can It Help?
Small business owners, even those who do not qualify for conventional loans, can now get the purchasing power they need for fixed assets such as real estate, buildings, and long-term machinery, at below-market rates. Small business owners or