More than a 504

2.99%

Equipment 10-year Fixed

3.22%

Real Estate 20-year Fixed

3.42%

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

January 2022 SBA 504 Funding Rates

January 13, 2022

January 2022 SBA 504 Funding Rates:                       The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new serv...

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SBA 504 Success Story – GlenPharmer Distillery in Franklin, MA

January 13, 2022

Congratulations to our SBA 504 borrower on great publicity from this Boston Globe article! GlenPharmer Distillery in Franklin produces a line of artisan spirits using local ingredients and traditional grains and barley. By Ann Trieger Kurland, Globe correspondent GlenPharmer Distillery in Frankli...

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CDC New England #1 in CT

December 15, 2021

Thanks to All of Our Banking, Business Partners, and Borrowers! CDC New England Awarded the 2021 SBA Eagle Award for the #1 CDC in Connecticut for SBA 504 Loans by Units and Dollar Volume Over the last four years, New England Certified Development Corporation approved SBA 504 loans in Connecti...

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