SBA 504 Loans Done Right
New England's Only Premier Certified SBA 504 Lender –
We Get Paid to Say Yes.
Only 10% Down Payment Required.
Finance up to 90% of your purchase.
Finance up to 90% of your purchase.
Fixed Rates for 10 Years
Lock in today's rates for decades.
Lock in today's rates for decades.
Some programs allow for up to 100% financing. Contact a loan offer for more info.
How it Works
What is an SBA 504 Loan?
Think of it as a three-way partnership to buy your business property.
Here's how it works:
Bank Lends 50%
Your Bank provides 50% as a traditional first mortgage.
We (the NECDC) Lend 40%
New England Certified provides 40% as an SBA-backed second mortgage.
You Pay 10%
You contribute just 10% as your down payment.
Example
Bank loan: $500,000 (50%)
SBA 504 loan: $400,000 (40%)
Your investment: $100,000 (10%)
What can I buy?
Commercial real estate you'll occupy (office, warehouse, retail)
Manufacturing facilities and production equipment
Mixed-use buildings (with business occupying 51%+)
Existing debt refinancing on eligible properties
The result? You own your business property with minimal cash down, predictable payments for decades, and protection from rising rates – while preserving working capital for business growth.
Does your business qualify?
In order to meet the requirements, you must:
Operate for profit in New England
Occupy at least 51% of the property you're buying
Have less than $20 million net worth
Average under $6.5 million annual profit (last 2 years)
Perfect For:
Manufacturing companies buying facilities or equipment
Healthcare practices purchasing medical buildings
Restaurants buying their locations
Professional services acquiring office buildings
Retail businesses purchasing storefronts
Hotels and hospitality businesses
Not Eligible:
Rental properties (unless supporting your operating business)
Property flipping or speculation
Non-profits, banks, or gambling businesses
Businesses behind on taxes or in default on federal loans
SBA 504 Cost
How much will it cost my business?
Current rates are significantly below conventional financing.
Your Investment Breakdown:
You pay a 10% downpayment
Your bank finances 50%
We (the NECDC) finances 40%
Rate Protection
These rates are locked for the entire loan term – no surprises, no rate increases, predictable payments for decades.
FAQs
Frequently Asked Questions
What is an SBA 504 loan?
Why New England Certified?
Who is eligible for an SBA 504 loan?
What are ineligible use of funds?
Why a SBA 504 loan instead of a commercial loan? What are the advantages?
What can I use a SBA 504 loan for?
Who is ineligible for an SBA 504 loan?
Ready to Own Your Business Property?
Let's connect and see how SBA 504 financing can help your business grow today! Our Premier Certified SBA experts will review your project, explain your options, and get you pre-qualified in minutes, not days.
504 Loans for Growing Businesses