SBA 504 Loan Program
The SBA 504 Loan Program is designed to help growing businesses get financing so to acquire long-term fixed assets such as land, building, machinery and equipment. Typically, a borrower is required to make a 10 percent down payment on a Small Business Administration loan. Cen Cal will finance no more than 40 percent of the project cost and a third-party lender or bank finances the remaining 50 percent of the loan.
