SBA 504 Loans

The SBA 504 Loan Program helps small business owners expand their businesses through the purchase of commercial real estate or capital equipment. The SBA promotes the development of businesses by offering a number of loan programs that are tailored to the specific capital needs of growing businesses. The 504 program works by distributing the loan among three parties: the business owner (down payment), a conventional lender (bank), and a Certified Development Company (CDC).

Features

  • May include a lower required down payment and a longer-term fixed interest rate
  • Designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings, and machinery

Testimonial

Thank you for your help and guidance in getting the Paycheck Protection Program into our hands--it has taken a huge weight off of my shoulders. We are so very grateful that we made the decision to partner with West Gate Bank. The difference is night and day from our previous banking partner, so thank you to all at West Gate Bank!
— Scott McCarville, President, Amplified Image Marketing

Meet our commercial real estate lenders:

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