Certified Development Company (CDC) (504) Loan Program

The 504 loan program provides long-term, fixed rate financing for major fixed assets, such as equipment or real estate. 504 loans are available through Certified Development Companies (CDCs), SBA's community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by the SBA. Small business applicants work directly with a participating SBA lender and not with SBA. The loan program is designed to assist for-profit businesses that are not able to get other financing from other resources.

To be eligible for financing under SBA's 504 loan program, the applicant business must meet all of the following:

• SBA size standards
• Be for-profit
• Not already have the internal resources (business or personal) to provide the financing, and
• Be able to demonstrate repayment.

For more information, please visit SBA’s 504 Loan Program Quick Overview page.

Maximum loan amounts are determined by how funds will be used based on which goal they support. To view this list, please visit the CDC/504 Loan Amounts Interest Rates and Fees page.

Find a local SBA District Office: SBA District Offices

Find a participating SBA Lender: SBA Lender Match