Business OwnersResources

Loan Criteria

Is the SBA 504 Program Right for Your Small Business?

Your Business Qualifies if:

  • It is a for profit business.
  • Net worth is under $15 million and profit after tax is under $5 million.
  • Start up or existing business.
  • Applicant must occupy 51% of real estate purchased or 60% for newly constructed building.
  • Owners of 20% or more of the business will personally guarantee the loan.

PCDfc has Banking Partners who will provide reasonable terms available to work with Borrowers TODAY!

What an SBA 504 loan can be used to finance …

  • Purchase land and construct new buildings
  • Purchase and renovate existing buildings
  • Acquire and install machinery and equipment
  • Expand existing facilities
  • Leasehold improvements
  • Limited business debt refinancing

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