Two of the most common types of SBA loans are called 504 loans and 7(a) loans. While SBA loans have a higher maximum loan amount, 7(a) loans have a wider variety of potential uses. SBA 504 loans ...

An SBA loan program that provides long-term, fixed-rate loans of up to $1 million for financing fixed assets, such as land and buildings CDC-504 loans are one of several loan programs offered by ...

Business borrowers looking to buy land, buildings or major equipment with long-term, fixed-rate financing can apply for SBA 504 loans. These loans are partially funded by certified development ...

Let’s break down these key changes. The SBA will now handle all eligibility determinations for loans. This not only takes a huge burden off lenders, but it simplifies the process for borrowers.

Michael's expertise will further strengthen our ability to connect businesses to the SBA 504 loan program to help support their growth objectives and capital investments." "I am excited to join ...