With an SBA 504 loan, you can purchase the facilities you need to succeed. Rely on government-backed financing to purchase land for building construction, purchase a current lease property, and more. An SBA 504 loan also supports projects that range in size from $125,000 to $25 million. Plus, your business is only required to put 10 percent down to borrow up to 90 percent of the loan.

Details
  • Project size: $125,000 to $25 million
  • Debt size: $5 million loan limit for the majority of projects
  • Lower down payment — business only injects 10% down, borrowing up to 90%
  • Longer repayment terms (real estate up to 20 years, fully amortized)
  • 51% owner occupancy for existing building
  • 60% owner occupancy for new construction
  • Equipment financing included in project cost, must have a minimum of a ten-year economic life
  • Business has to be located in the U.S.
  • Property types: offices, warehouses, health care, medical, mini marts, restaurants, hotels/motels
  • Local San Diego decision-making and processing
  • Personalized service at every step