• Long-Term fixed-rate financing
• Equity requirement as low as 10% – preserves working capital
• Partnership can provide 90% financing for borrower
• Lender can participate in larger transactions
• Lender in first lien position - 50% loan-to-value allows more opportunity to get a project completed

Capital CDC can finance up to 40% of the project costs on typical loans. If the loan is a start-up or special purpose facility, we finance 35%, requiring a 15% injection from the borrower. If the project is a start-up and special purpose facility, we finance 30%, requiring 20% from the borrower.

The 504 program was created as an economic development program, designed to create jobs. Government Public Policy Goals can be waived if met.

• Business Net Worth not to exceed $15 million,
• Average Net Profit after taxes for 2 consecutive years not to exceed $5 million, or
• The business may qualify under 7(a) size standards (manufacturers of 500 employees or less).

• 51% owner occupancy for existing building purchase, or
• 60% owner occupancy for new construction

Not at all! The 504 process is simple, requiring only a few documents more than the lender's commercial loan.

Yes. The SBA now permits a limited amount of debt refinancing under certain circumstances, as part of the 504 Loan Program. This is the permanent refinance component. There is also a temporary refinance program through September of 2012.

Our experienced loan officers can provide you with loan pre-qualification in just 1 business day. The complete procedure from application submission to disbursement of funds takes approximately 45 to 60 days, depending on the complexity of the loan.

Contact Us page inquiry or call (877) 504-PROS (7767).