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A nationally recognized non-profit lender committed to small business

A nationally recognized non-profit lender committed to small business

Statewide - Fast 504 Loan

We help speed up the process to help get your 504 Loan FAST!

Statewide - Fast 504 Loan - pie chart
The SBA 504 Loan Program is a low cost, fixed rate loan program intended for owner-occupied commercial / industrial property purchases and new construction. This highly successful U.S. Small Business Administration (SBA) loan program is offered through a partnership program between a Certified Development Company (CDC) and a participating private lender (most often a bank). California Statewide CDC partners with a wide range of leading lenders to make the SBA 504 Loan Program available to businesses throughout California.

How is an SBA 504 Project Structured?

The participating lender (bank) typically finances 50% of the total project cost through a first deed of trust loan. California Statewide CDC provides second deed of trust financing for up to 40% of the total project cost with an affordable, long term fixed rate, fully amortizing SBA-backed loan. The borrower typically puts down as little as 10% of the total project cost.

How do I get Started?

Prequalification is the first step in obtaining SBA 504 financing for your project. To perform a prequalification, we request the following information.

504 Loan – Additional Links

Rates

504 Debenture Rates

Sample Project

Typical 504 project

Forms

Download important forms