More than a 504

3.75%

Equipment 10-year Fixed

3.82%

Real Estate 20-year Fixed

3.93%

Real Estate 25-year Fixed

 

504 Loans for Growing Businesses

CDC New England helps your business find long-term, fixed-rate financing to allow for expansion, renovation, growth, and more.

Fast Turnaround

CDC New England has the fastest response time out of any CDC in New England.

Industry Expertise

The only CDC in New England to be designated as a Premier lender by the SBA.

More Solutions

We offer a suite of other financing products to complement the 504 program.

More Local Offices

We maintain more offices than any other CDC in New England.

Why is a 504 Loan Right For Me?

The Small Business Administration 504 Loan Program is a long-term financing tool that promotes economic development within a community. The 504 Program provides small businesses with long-term, fixed-rate financing to acquire major fixed assets such as real estate or machinery and equipment for expansion or renovation. The small business is able to obtain up to 90% financing on these assets. CDC New England is the only CDC in New England that offers up to 100% financing.

Latest News

SBA Backed Loans in Fiscal Year 2019 Support over $314 million to Connecticut Small Businesses!

October 17, 2019

CONNECTICUT – U.S. Small Business Administration (SBA) lending in Connecticut increased 8% in dollars in the most recent federal government’s  fiscal year that ended September 30th - 776 loans were approved consisting of 661 guaranteed loans, 64 - 504 loans and 51 microloans.  ...

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CDC New England Hosts a Training Event

December 7, 2018

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Top SBA Lender in New England

November 14, 2018

On November 9th, 2018, CDC New England was named a top Lender in New England, leading the market in terms of dollars lent in Massachusetts, as well as all of New England. CDC New England was also named the #1 Lender in terms of dollars lent and number of loans approved in both Western Massachusetts ...

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