SBA 504 Loan Program

What is the 504 Loan Program?

The SBA 504 Loan Program is an alternative form of financing created to provide financing at a low cost for Small Businesses looking t expand.  The SBA 504 Loans offer a fixed rate financing for Small Businesses looking to purchase commercial real estate or machinery.

The U.S. Small Business Administration recently approved the San Fernando Valley Financial Development Corporation (SFV-FDC) to operate as a Certified Development Company (CDC), which administers the SBA 504 Loan Program. This program provides growing businesses with long-term, fixed rate financing for major fixed assets, such as land and buildings. The SFV-FDC is the only SBA 504 lender in the Greater San Fernando Valley area.

The SBA 504 Loan Program is designed to enable small businesses to buy their own buildings with down payment as little as a 10% and allows small business owners to purchase an industrial or commercial building at/or below-market interest rates.* The loan may also be used to purchase or remodel an existing building, construct a new facility or to purchase equipment that has a useful life of at least 10 years. The SBA 504 Loan Program is a long-term financing tool used to help stimulate economic development within a community.

If you have any questions regarding the SBA 504 Loan
Program, please call SFV-FDC at (818) 205-1770