SBA 504 Loans

An SBA 504 loan, also known as a Certified Development Company (CDC) loan provides long term, low fixed rate financing to small businesses in order to acquire real estate, machinery, or equipment needed for expansion. A 504 must include a loan secured from a private- sector lender with a senior lien, a loan secured from a CDC with a junior lien, and a contribution of equity from the borrower. SBA 504 loans are generally for small businesses requiring property updates and remodel financing.

See more on Prime Commercial Lending’s SBA Loan Program, here.

Contact Us