A 4-Step Process: the 504 Loan Program Part 1

Are you interested in the 504 Loan Program but unsure about what is involved? Community Business Finance's four-step loan process makes getting a 504 loan easier to understand. Our loan experts will navigate the entire process, from application through final funding, to make it as painless as possible for the borrower.

In the first part of this four-part series, we will explain the application and approval process. For even more information, visit our 504 School (link: /504-school).

10% Down Payment for the 504 Loan Program

Did you know that Community Business Finance's 504 Loan Program usually requires only a 10% down payment? That's right! The borrower's contribution is just 10% of the total project cost. This percentage is designed to make financing more accessible for small businesses that need funds for real estate or equipment.

We are frequently asked about qualifying sources for the down payment, and have provided some answers below. More information can be found in our FAQ.

Top 10 Features of Our Website

The celebration continues for Community Business Finance's 10th anniversary. As our mission is to promote job creation in our communities by providing the best available financing terms to the businesses we serve, we are dedicated to lender and borrower education. Therefore, our website features easier and faster access to the information you need about our 504 Loan Program.