Capital CDC: Serving all of Texas and New Mexico

Capital CDC Services

Loan Program

Find out how the SBA 504 Loan Program assists small business owners.

Find a Development Officer

Find a business development officer that's on the ground where you are.

Interest Rates

See current and historical interest rates for SBA 504 loans.

Resources for Borrowers

Tools and testimonials to help borrowers understand the power of SBA 504.

For Lenders & Brokers

Capital CDC can help connect you with qualified and successful businesses.

Forms & FAQ

SBA 504 Loans are easy to apply for. Here are the forms to help you get started.

What's right for your business?

Owning rather than leasing your commercial property can really pay off. For many small businesses, a monthly mortgage payment can be the same or less than a lease payment. And your SBA 504 fixed-rate loan payment won't increase annually - like your lease rate will. Owning, of course, also helps boost your equity, and the SBA 504 needs just a minimal down payment.

If you’re a healthy business whose expansion plans call for the investment and use of real estate or equipment, you may qualify for 90% financing through the SBA 504 Loan Program. If you are a start-up business, you can still qualify for an SBA 504 Loan for 85% financing.

Tools for Existing Borrowers
Change Automatic Payment
Get My Balance
Change Mailing Address
Pre-payment Information
Wiring Instructions for missed payments
Insurance / Financial Information

Please click the link above which best describes your question.

Capital CDC will help you from start to finish. Our professional team will work directly with you to tailor a financing package that meets program guidelines and the credit criteria of your business.

Capital CDC is organized to assist in financing growth through investments that help businesses become more competitive in the marketplace. Our task is to package, process, close and service the 504 loan.

Advantages of 504 over Conventional Financing
Low Down Payment as little as 10%	Allows you to preserve your cash for your working capital. Most banks will lend only 70-80% of the appraised value of the project leaving you to sink in 20-30% plus the cost of renovations plus the soft costs.
Fixed Rate on the SBA 504 portion	You don't have to worry about the prime lending rate going up. You can plan because you know the amount of your mortgage payments for the next 20 years.
Long Term	CDC 504 loans are for 10 or 20 years. Because the CDC is in second lien position, the bank or other lender doing the 50% first lien loan are willing to lend at a longer term. Longer terms make your monthly payments lower.
Low Interest Rate	Even with the fees and closing costs included, it is still a low rate for a subordinate mortgage loan, particularly for small business. The blended rate as between the bank portion and the Certified Lender's 504 portion makes the project affordable for you.
Refinancing	Small businesses can refinance existing debt related to fixed assets if they also borrow money to finance more real estate or equipment through an expansion project. The amount of debt being refinanced must be 50% or less of the total cost of expansion.
"Going Green" Support	Small businesses thinking of incorporating green technologies at their facilities are eligible to borrow more money to make it happen. The following type projects are eligible for an increase in 504 financing: $2 million – sustainable design $4 million – renewable energy or renewable fuels production $4 million – reduction of energy use by 10%
For the Bank participating with you as the 50% lender:	The bank gets Community Reinvestment Act credits; they lend at a lower loan to value ratio; they keep you, a growing customer, happy; they have lower risk because the SBA 504 loan is in second position behind the lender.
The Community	Gets the advantage of keeping or attracting a healthy, growing small business that will continue to create jobs as well as provide future community development.