SBA 504 Loans

SBA loans are generally more affordable because they are backed by the federal government. At Alliance, we listen to your business goals and help customize a lending solution that is best for your needs.

The SBA 504 Fixed Asset Financing Program (also known as a Participating Loan) is administered through non-profit Certified Development Companies throughout the country. This program provides funding for purchase of land or new construction, acquisition of existing buildings, modernization -renovation or improvement of commercial property, and/or purchase of business equipment/machinery.

Of the total project costs, a lender  provides 50% financing, a Certified Development Company provides 40% of the financing through the SBA, and the applicant injects approximately 10% of the total project costs.

Loans at a Glance

Financing Available For:

  • Real estate purchase for business owners
  • New construction, rehab and remodel
  • New purchases for long-life equipment

Product Features:

  • Up to 90% financing for owner-user commercial properties through SBA Programs
  • Fixed rate for ten years on equipment loans and up to 25 years on real estate transactions (SBA portion - 40% piece)
  • Lender portion generally amortized over 20 or 25 years and terms no less than 10 years
  • Creative financing alternatives

Contact Us

Let us know how we can help your company grow!