SBA 504 Loans

SBA 504 loans provide small businesses with long-term, fixed-rate financing.

Planning an expansion or upgrade for your business?

SBA 504 loans provide approved small businesses with long-term, fixed-rate financing to acquire fixed assets for expansion or modernization.

This unique loan structure allows for shared costs with Certified Development Companies (CDCs) to support economic growth. CDCs typically contribute 40% of the loan, and we’ll provide up to 50%. That means for an average SBA 504 loan, your contribution may only be 10% of the project cost. Specific terms include:

Real Estate

Up to 25 years (bank loan)
Up to 25 years (CDC/SBA debenture)

Machinery and Equipment

Up to 10 years (bank loan)
Up to 10 years (CDC/SBA debenture)

Benefits of financing with an SBA 504 loan

90% financing with longer loan amortizations
Fixed-rate interest rates for loans between $1.5 million and $10 million
Savings that result in improved cash flow for small businesses
Competitive variable and fixed rates
Debenture rates published by CDC

See which loan option is right for your small business.

SBA 504 Loan

Provides approved small businesses with long-term, fixed-rate financing to acquire fixed assets for expansion or modernization.

90% financing with longer loan amortizations
Fixed-rate interest rates for loans between $1.5 million and $10 million

Call us today at 410-778-1600

MEET OUR LENDING TEAM

Robert Thompson

Senior Vice President & Loan Officer

#808823

rthomspon@chesapeaketrust.com

Justin Varga

Assistant Vice President & Loan Officer

#1612784

jvarga@chesapeaketrust.com