An SBA 504 loan is a common loan backed by the U.S. Small Business Administration for people who want to purchase and build assets to grow their business.

Recent updates to the rules for franchise financing through the SBA 504 program, set to finalize at the end of the year, have streamlined the process for both borrowers and lenders.

Understand the essentials of SBA-backed lending—program types, application processes and how these loans can support business ...

Here is a little history on the SBA’s 504 Loan Program. It was initally designed to not only encourage business growth but also to spur job creation by giving borrowers an alternate option to ...

Key Takeaways SBA 504 loans are typically used for the purchase of fixed assets, such as real estate and equipment. SBA 7 (a) loans are more versatile and can be used for several possible business ...

In identifying the 7 (a) Working Capital Pilot Program and the 504 loan program, the new SBA initiative targets two programs that drew attention from the Biden administration last year.

First, the structure of the SBA 504 loan usually requires only 10% down, compared to a typical 25% down payment for a conventional loan.

Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to ...

DEAN ALOE Senior Vice President, Business Development TMC Financing As senior vice president of business development at TMC Financing, Dean Aloe leads the ...