SBA 504 Loan
Transaction Size
$100,000 - $4,000,000
Bridge Business Bancorp's SBA lending experts can make it easy for you to take advantage of sensible alternatives in business funding. Because we work on SBA loans every day, we have the knowledge and experience to cut through the red tape often associated with SBA business lending helping our clients enjoy the benefits of government guaranteed lending. To better learn how you can put one of these programs to work for your business, please review the information below, and contact your Bridge lending representative today.
SBA 504 Loan Program
The SBA 504 loan program provides mortgage and equipment financing to small businesses who are in need of purchase money financing. Rates are fixed for up to 20-years and assumable over the life of the loan.
Loan Size
Advance Rates
- General purpose real estate - up to 90%
- Special purpose real estate - up to 85%
- Fixed Asset Machinery - up to 90%
Maximum Term (Fully Amortized)
- Bank Trust First Deed 20 Years
- Bank First Lien on Equipment acquisition - 10 years
- SBA Second Trust Deed 20 Years SBA Second Lien on Equipment
- Acquisition - 10 Years
Loan Costs
- Bank fee - 1.00% of first trust deed amount
- SBA fee - 2.5% - 3.5% of second trust deed amount
- Requires appraisal, environmental, title/escrow, etc.
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