For Lenders

504 Loan Program partners with lenders to offer financing to small businesses. This financing can be used for the purchase of fixed assets such as building and equipment. The 504 Loan Program is beneficial to lenders by the following:

• Minimizes bank collateral risk
• Puts bank in first lien position with an attractive loan-to-value ratio
• Allows bank to make its own credit decisions with its own loan documentation
• Allows bank to set its own rates and fees
• 504 Corporation handles all SBA interface, approval and reporting
• Expands bank’s business loan portfolio