Frequently Asked Questions

Frequently Asked Questions

Frequently Asked Questions

Got a few questions about SBA 504 financing? Not sure where to begin? Shoot us an email.

Not yet ready to talk? No problem. Check out our 10 most frequently read articles below, you may find exactly what you're looking for.

Loan Requirements

Everything you need to know about the requirements for the SBA 504 loan.

Down Payments

Everything you need to know about down payments for the SBA 504 loan program.

SBA 504 Loans and Real Estate Investment

SBA 504 loans are geared toward purchasing real estate, but it's not so simple when it comes to real estate investment. Find out more.

Finding a Lender

Application Process

Everything you need to know about the application process for the SBA 504 loan.

SBA 504 Refinancing

Everything you need to know about using the SBA 504 loan program to refinance existing business debt.

SBA 504 Loans and Prepayment Penalties

SBA 504 loans do have prepayment penalties. Find out how to navigate them here.

Can You Take Out Multiple SBA 504 Loans?

You can take out multiple loans over time to build your business. It's not just as simple as applying for another loan, though.

What Are Certified Development Companies?

These nonprofit organizations advocate for economic development within their communities and offer SBA 504 financing.

Application Checklist

We've provided an easy-to-understand application checklist for the SBA 504 loan, detailing the most commonly required paperwork and documentation necessary for borrowers.

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