What is the SBA 504 Loan Program? Part 4: A Step by Step Process

SBA 504 loans do not get the same attention as SBA 7(a) loans when looking for financing. This four-part series is intended to help you better understand the uses and benefits of a 504 loan. To learn more, see a comparison between 7(a) and 504 loans. For more details, see our complete 504 School.

Step by Step Process

Community Business Finance works closely with you during the 504 loan process. The following outlines the steps and how we will assist you:

What is the SBA 504 Loan Program? Part 3: Eligible Use of Proceeds

SBA 504 loans do not get the same attention as SBA 7(a) loans when looking for financing. This four-part series is intended to help you better understand the uses and benefits of a 504 loan. To learn more, see a comparison between 7(a) and 504 loans. For more details, see our complete 504 School.

Eligible Use of Proceeds

A small business can use proceeds from an SBA 504 loan for direct expenditures to acquire, construct or convert a facility for company expansion, such as:

What is the SBA 504 Loan Program? Part 2: Program Benefits

SBA 504 loans do not get the same attention as SBA 7(a) loans when looking for financing. This four-part series is intended to help you better understand the uses and benefits of a 504 loan. To learn more, see a comparison between 7(a) and 504 loans. For more details, see our complete 504 School.

Program Benefits

The following are the many benefits of using an SBA 504 loan vs. traditional lending.