More than a 504

6.38%

Equipment 10-year Fixed

6.51%

Real Estate 20-year Fixed

6.49%

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

November 2024 SBA 504 Rates & Major Changes to Refinance Guidelines

November 13, 2024

November 2024 SBA 504 Funding Rates:                             The new SBA 504 Program Fees have been released for FY 2025. Any loans approved on or after 10/1/2024 will use a servici...

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October 2024 SBA 504 Funding Rates

October 15, 2024

October 2024 SBA 504 Funding Rates:                         The new SBA 504 Program Fees have been released for FY 2025. Any loans approved on or after 10/1/2024 will use a servicing fee of...

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September 2024 SBA 504 Funding Rates

September 9, 2024

September 2024 SBA 504 Funding Rates:                     The real estate 504 rates decreased again this month. The 25 year and 20 year rates decreased by 29bps and 28bps, respectively from the month prior. The 10 yea...

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