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**SBA Offering 6 Months Of No Payments AND No Guarantee Fees**Learn More
An SBA 504 Loan is a great tool for a business to use when considering purchasing, building or renovating owner-occupied commercial real estate. With loan limits up to $12 Million, many commercial real estate Business requests will fall into this range and 1st Commercial Lending is here to help.
In order for your Business to meet the eligibility requirements for a SBA 504 Loan, it must be for-profit and located in the United States with a net worth less than $15 Million and/or net income after taxes of less than $5 Million. You must occupy or plan to occupy 51% of the real estate as SBA funds are not for Owner-Occupied and not investment properties.
SBA Guarantee Fee is paid directly to U.S. Small Business Administration and finance into the loan. Amount varies based on loan guarantee amount. Other customary fees also apply
All 504 loans are fully amortized and are assumable.
At 1st Commercial Lending, we pride ourselves on guiding each client through the often challenging and confusing process of SBA 504 Financing. Our Business Loan Advisors have over 35 years of combined lending experience and will work with you to evaluate the financial feasibility of the opportunity you are considering.
“1st Commercial Lending helped me in finding the best terms that I was able to get from any lender, and then saw the process through all the way to closing the deal, capably answering all of my questions and concerns along the way.
Of all of the lenders that I came across in this search, I found David to be the most knowledgeable and resourceful; he had thorough knowledge of his industry.
If you have a need for financing the purchase of an agency I would highly recommend that you put 1st Commercial Lending on the "short list" of lenders that you need to give strong consideration to working with.”