For Businesses

504 Loan Solutions for Businesses


SBA 504 loans are designed to help small business owners receive business development loans for the purchase of commercial real estate, equipment, and improvements. With low down payments and fixed-rate financing, business owners can retain the working capital needed to grow. ELCDC specializes in SBA commercial loans and will work closely with you to process, approve, and close your 504 loan. Give us a call today.

Benefits for Businesses

  • Receive up to 90% financing
  • 10% down payment
  • Low, fixed-rate financing
  • Longer repayment term
  • Limited collateral
  • Frees up cash for working capital
  • Ownership equity
  • Use for hard and soft costs
  • Tax benefits

The SBA 504 Loan Program is an ideal way to save working capital when making a fixed-asset acquisition.