More than a 504


Equipment 10-year Fixed


Real Estate 20-year Fixed


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

June 2021 SBA 504 Funding Rates

June 17, 2021

June 2021 SBA 504 Funding Rates:                 The new SBA FY 2021 504 Program Fees are now effective for loans that are approved as of October 1st, 2020. The real estate 504 rates continued to decreased this month. The 25 year and ...

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SBA 504 Success Story – Kaitlyn Szczupak

September 25, 2020

BayCoast Bank worked with Nancy Gibeau, our RI market business development officer, on this amazing loan to a woman-owned small business. Nancy mentioned "From the moment I met her and throughout the entire process, she impressed me---organized, professional, customer service oriented and focused---...

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No Questions Asked!!!

April 28, 2020

SOME GOOD NEWS! Many of our 504 borrowers are helping the community deal with the COVID-19 crisis. We want to share their stories. CDC New England SBA 504 Borrower:  Christopher's Café and Catering Lynn, Massachusetts     No questions asked!!!    Christopher's Café and ...

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