The SBA 504 Loan Program assists small business owners in the purchase of commercial real estate or machinery/equipment. 

The SBA 504 Loan Program is a partnership program between a Certified Development Company (CDC) and a lender. Working with qualified lenders, the CDC provides up to 90% financing for commercial property purchases and new construction and, usually, does not require additional collateral. Existing Businesses that meet SBA's definition of a small business are eligible to apply for 504 loans. Start-up ventures with financially strong and/or experienced owners are also eligible.