SBA 504 loans for commercial real estate

SBA 504 loans are specifically designed to help businesses buy commercial real estate and other fixed assets with below-market, long-term, fixed interest rates.
SBA 504 loans from TMC feature:
- As low as 10% down, so you can keep your cash working to grow your business. Single-purpose facilities or start-up businesses may require a slightly higher down payment for SBA 504 loans
- Below-market FIXED interest rates with payments fully-amortized over 20 years, no balloon
- No maximum loan amount (unlike 7a loan), so it’s flexible enough to meet your needs
- No additional collateral required
- Closing and other soft costs can be added to SBA 504 loans
Almost all for-profit businesses will qualify; click here to learn more.
SBA 504 loans can be used to buy, build or renovate commercial real estate properties, or to purchase equipment that has a life expectancy of 10+ years. In most cases, a 504 loan project requires a down payment of only 10 percent of the total project cost from the borrower, with the remaining amount split between a first mortgage provided by a commercial lender and a second mortgage provided by a certified development company (also known as a CDC), like TMC Financing.
SBA 504 loans are also called CDC/504 loans and are offered by the U.S. Small Business Administration to provide financing for major fixed assets such as equipment or real estate
