SBA 504 Loan Calculator
Calculate SBA 504 loan payments for commercial real estate and major equipment. Estimate monthly costs for this fixed-rate SBA program.
Calculate Your SBA 504 Loan Payment
$750,000
$125,000$5,500,000
240 months
120 months300 months
5.5%
4.5%7%
10% ($75,000)
10%20%
Requirements for SBA 504 Loan Financing
- 2+ years in business
- 680+ credit score
- Owner-occupied real estate (51%+)
- Tangible net worth under $15M
What Can You Use SBA 504 Loan Financing For?
Commercial real estate purchase
Building construction
Building renovation
Major equipment with 10+ year useful life
Land acquisition
Debt refinancing (specific circumstances)
Pros & Cons
Advantages
- +Fixed interest rates for 10 or 20 year terms
- +Only 10% down payment typically required
- +Long terms reduce monthly payments
- +Lowest rates for commercial real estate
- +CDC provides portion of financing
Considerations
- -Must be owner-occupied (51%+ for existing, 60%+ for new)
- -Cannot be used for working capital
- -Longer approval process
- -Two closings required (bank and CDC)
- -Personal guarantee required
Frequently Asked Questions
Ready to Get Funded?
Get pre-qualified in 60 seconds with no impact to your credit score.
Start Your ApplicationQuick Facts
Amount Range$125,000 - $5,500,000
Terms Available120 - 300 months
Typical Rates4.5% - 7%
Down Payment10% - 20%
Funding Speed45-90 days
No credit check required
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Industries We Serve
A manufacturer purchasing a $2M production facilityA medical practice buying a $1.2M office buildingA hotel acquiring a $5M property with renovation