SBC – SBA 504 Loan | Byline Bank

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Small business loans that work as hard as you do

Together, we’ll put together a loan structure that works for your business. SBA 504 loans provide approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization.

Loan features

SBA 504 loans are structured to allow for shared costs. Certified development companies (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 to help with:

Real Estate

  • Up to 25 years (bank loan)
  • Up to 20 years (CDC/SBA Debenture)

Machinery and Equipment

  • Up to 10 years (bank loan)
  • Up to 10 years (CDC/SBA Debenture)

SBA 504 Loan Overview