For small business owners looking to own their commercial space, purchase major equipment, or invest in long-term fixed assets, the SBA 504 loan program represents one of the most powerful and underutilized financing tools available.
The SBA 504 program was created to solve a specific problem: established small businesses with viable operations often struggle to purchase the real estate or equipment they need because conventional lenders require large down payments and shorter terms that strain cash flow. The 504 program changes that equation — dramatically.
Unlike the SBA 7(a) program, which is built for versatility, the 504 is built for precision. It is purpose-designed for the acquisition of long-lived fixed assets: commercial real estate, major machinery, and large-scale improvements. In exchange for that specificity, it offers fixed interest rates, extended terms, and one of the lowest down payment requirements available for commercial real estate financing.
What Makes the 504 Different: The 504 program is not a single loan from a single lender. It's a three-party financing structure that combines a conventional bank loan, a Certified Development Company (CDC) debenture, and borrower equity — creating a deal structure that benefits all parties involved.
The SBA does not lend money directly. Instead, it works through a network of certified nonprofit organizations called Certified Development Companies (CDCs). The SBA guarantees the CDC portion of the loan — the debenture — which allows CDCs to access capital markets and offer competitive fixed rates to borrowers.
This guarantee structure serves a public purpose: the 504 program is designed to promote economic development, job creation, and business growth in local communities. Every 504 loan is expected to contribute to those goals — which is why the program includes job creation or retention requirements as a condition of eligibility.
Commercial real estate is one of the largest expenses — and most significant long-term investments — a business owner will ever make. The 504 program enables business owners to:
For many business owners, qualifying for and successfully closing a 504 loan is a transformational event — the point at which they stop renting and start building real wealth alongside their business.
The 504 loan is a three-party structure unlike any other lending product. Understanding how the pieces fit together is essential before pursuing this financing.
Every 504 loan involves three participants, each contributing a specific portion of the total project cost:
Important: For startups (businesses operating less than 2 years) or special-use properties (car washes, gas stations, hotels, etc.), the borrower equity requirement increases to 15%–20% of total project cost.
CDCs are nonprofit organizations certified and regulated by the SBA to administer the 504 program within their geographic areas. They do not act like traditional lenders — they serve as the intermediary between the borrower, the conventional lender, and the SBA.
The CDC's responsibilities include:
The SBA guarantees the CDC's debenture — the 40% portion. This guarantee allows CDCs to sell debentures into secondary markets at favorable rates, which is how they fund their portion of the loan. The fixed rate on the CDC portion is set when the debenture is sold, and it remains fixed for the full term of the loan.
The conventional bank (the 50% first lien holder) prices its portion independently. That rate can be fixed or variable depending on the lender and the loan structure.
It's important to understand that a 504 transaction involves two separate loans — the bank's first mortgage and the CDC's debenture — which close simultaneously. The borrower makes two separate payments each month: one to the bank and one to a central servicing agent for the SBA debenture.
This two-loan structure adds administrative complexity compared to a single 7(a) loan, but the rate advantage on the CDC portion typically more than compensates for that inconvenience on larger real estate transactions.
The 504 program is intentionally narrow in its eligible uses. Unlike the 7(a), which funds nearly any business purpose, 504 proceeds must go toward long-lived fixed assets.
The following uses are explicitly prohibited under the 504 program:
This is one of the 504's most important constraints. The borrowing business must occupy at least 51% of the property being financed for existing buildings, or at least 60% for new construction (with the intent to occupy 80% within 10 years). This means the 504 is not available for pure investment real estate — the business must actually use the space to operate.
Strategic Note: A business purchasing a property where it occupies 60% and leases the remaining 40% to tenants can still qualify. The rental income from the remaining space can even be factored into debt service coverage analysis.
The 504 program has specific eligibility criteria that differ from the 7(a). Understanding these requirements — including recent 2025 updates — is essential before pursuing this financing.
To qualify for SBA 504 financing, the business must meet both of the following:
These thresholds are separate from the size standards used in the 7(a) program and are generally more permissive — many mid-sized businesses that might not qualify as "small" under 7(a) standards can still access 504 financing.
The SBA released significant changes to the 504 program in 2025. Business owners and advisors should understand these updates before submitting applications.
100% of direct and indirect ownership must be held by U.S. citizens or unconditional Lawful Permanent Residents (LPRs). Individuals with conditional LPR status are not eligible. Businesses with any foreign or temporary visa ownership no longer qualify.
Businesses operating under a franchise, license, dealer, or similar agreement must be listed in the SBA Franchise Directory to qualify. Franchisors must sign a new Franchisor Certification with the SBA. Unlisted franchises are ineligible.
For 504 refinance loans, existing debt must be current for 12 months prior to application (previously 6 months). If the debt is younger than 12 months, it must be current for its entire term.
SBA 504 applications submitted by veteran-owned businesses will be prioritized in processing. CDCs and lenders are encouraged to adopt the same practice within their internal workflows.
The 504 program's economic development mission means borrowers must meet job creation or retention standards. Each 504 project must either:
2025 Update: The SBA proposed increasing the dollar thresholds used to calculate job requirements in September 2025, citing rising construction costs and inflation. While the final rule was still being finalized at publication, businesses should confirm current requirements with their CDC at the time of application.
The financial structure of the 504 loan is one of its most compelling features — particularly the fixed rate on the CDC portion and the extended repayment terms.
The CDC debenture — the SBA-guaranteed portion — is capped at:
There is no cap on the conventional bank's 50% portion — the total project size is limited only by what the bank is willing to finance and what the business can support from a debt service perspective.
One of the 504 program's defining advantages is the fixed interest rate on the CDC debenture. This rate is set when the debenture is sold into the bond market and remains constant for the entire term — regardless of what happens to interest rates in the broader economy.
| Project Type | Minimum Equity Required | Notes |
|---|---|---|
| Standard existing business | 10% of total project cost | Most common scenario |
| Startup business (<2 years) | 15% of total project cost | Additional equity reflects increased risk |
| Special-use property | 15% of total project cost | Car washes, hotels, gas stations, etc. |
| Startup + special-use | 20% of total project cost | Both risk factors present |
The CDC debenture includes prepayment penalties during the first half of the loan term. For a 20-year loan, prepayment penalties apply for the first 10 years, declining each year. Borrowers planning to sell the property or pay off the loan early should factor this into their analysis. The conventional bank portion may have its own separate prepayment terms.
504 loans involve fees from multiple parties. Understanding the full cost picture is important for accurate project budgeting.
The CDC debenture carries several fees that are typically financed into the loan rather than paid out of pocket at closing:
Because most 504 fees are financed into the debenture, the borrower's out-of-pocket closing costs are typically lower than they appear on paper. The all-in effective rate — including fees amortized over the loan term — is still highly competitive.
Current Incentive: Effective October 1, 2025 through September 30, 2026, the SBA is waiving both the upfront guarantee fee and the annual service fee for all 504 loans used by manufacturers. This applies to both new loans and refinancing projects. For qualifying manufacturers, this represents significant savings — making 504 one of the most affordable financing options currently available for acquiring owner-occupied facilities and equipment.
In addition to SBA and CDC fees, borrowers should budget for:
The borrower is responsible for the equity injection, third-party fees, and any bank-imposed costs. SBA and CDC fees are typically rolled into the debenture. The conventional bank portion may have its own origination fees that are paid at closing or financed, depending on lender policy.
The 504 application process is more complex than a standard commercial loan because it involves two lenders and the SBA. Here is what to expect at each stage.
Before approaching any lender, clearly define your project: What asset are you acquiring? What is the total estimated cost? Do you meet the ownership and eligibility requirements? Can you document the ability to repay? Gather 3 years of business and personal tax returns, current financial statements, and a list of potential collateral.
The CDC is your primary point of contact for the SBA portion. You can find a CDC in your area through the SBA's website. The conventional bank (50% first lien) can be any SBA-approved lender — your existing bank, a community bank, or a commercial lender. Both relationships need to be established early, as they will work together throughout the process.
You will submit applications to both the CDC and the conventional lender simultaneously. The CDC will package your SBA debenture application and submit it to the SBA, while the bank underwrites its first lien portion independently. Common documentation includes business and personal tax returns (3 years), financial statements, purchase agreement or construction plans, property appraisal, environmental report, and SBA forms 1244 and 413.
The bank underwrites its portion under its own credit standards. The CDC submits the debenture application to the SBA for review and authorization. The SBA reviews eligibility, use of proceeds, job creation requirements, and financial viability. This is the longest phase of the process — plan accordingly.
Once the SBA issues a loan authorization and the bank issues its commitment, the pre-closing phase begins. This includes satisfying all conditions: title work, final appraisals, insurance documentation, franchise agreement review (per 2025 requirements), executed purchase agreement, and formation documents for any new business entity.
The bank closes its first lien loan first, typically funding the acquisition. The CDC debenture closes simultaneously or shortly after. The borrower injects their equity at closing. Both loan agreements, security instruments, and personal guarantees are executed. The CDC's debenture is then sold into the bond market, which funds the SBA portion.
After closing, the borrower makes two monthly payments — one to the bank and one to the SBA's Central Servicing Agent for the debenture. The CDC will monitor job creation or retention progress per program requirements. Annual financial reporting to the bank is typically required. Major business changes — ownership transfers, additional debt, significant operational changes — may require lender and SBA approval.
| Project Type | Estimated Timeline | Key Variables |
|---|---|---|
| Standard real estate acquisition | 60–90 days | Appraisal and environmental timing |
| New construction | 90–120+ days | Plans, permits, construction draws |
| Equipment only | 45–75 days | Simpler than real estate |
| Refinance with expansion | 75–105 days | Prior debt documentation |
Both the conventional lender and the CDC will analyze your application independently. Understanding what each party is looking for is critical for positioning your deal effectively.
The conventional lender evaluates its 50% first lien position the same way it would any commercial real estate or equipment loan:
The CDC's underwriting overlays the SBA's eligibility and public policy requirements:
Formula: Net Operating Income ÷ Total Annual Debt Service
Minimum: 1.15–1.25×
Strong: 1.40× or higher
Calculated on the combined bank and CDC payments.
On total project: 90% maximum (10% equity)
Bank's effective LTV: ~56% of appraised value (50 ÷ 90)
This means the bank holds a very well-protected first lien position — a key reason banks participate in 504 deals.
The real estate or equipment being financed serves as the primary collateral. Both the bank and the CDC will take liens on the property. Additionally:
Real estate transactions require a full commercial appraisal by an SBA-approved appraiser. Under the 2025 SOP updates, appraisals for non-arm's-length transactions (such as purchasing from a related party) must be submitted to the SBA's Sacramento Loan Processing Center. A Phase I Environmental Site Assessment is required for all real estate transactions. If contamination is identified, the lender must decide whether to proceed and, if so, comply with additional environmental requirements.
For the right business and the right project, the SBA 504 loan offers a combination of benefits that is difficult to match with any other financing product.
The CDC debenture carries a fixed interest rate for its full term — 10, 20, or 25 years. For businesses making a 25-year commercial real estate commitment, this rate certainty is extraordinarily valuable. Conventional commercial real estate loans often have 5–10 year fixed periods followed by balloon payments or rate resets. The 504 eliminates that risk entirely on the CDC portion.
The standard 10% equity injection is one of the lowest down payments available for commercial real estate. Conventional commercial lenders typically require 20%–30% down. On a $2 million building purchase:
A 25-year term on the CDC debenture significantly reduces monthly payments compared to shorter conventional loan terms. Lower monthly debt service means more cash flow available to operate, hire, invest, and grow.
This is perhaps the most compelling long-term argument for the 504. Rent payments build no equity. Every mortgage payment on an owner-occupied commercial property builds equity — equity that compounds over decades, that can be leveraged for future financing, and that becomes a significant component of business value at exit.
Example: A restaurant operator paying $8,000/month in rent could potentially own their space for a similar or lower monthly cost through 504 financing — and build substantial equity in a 25-year period rather than leaving that value with a landlord.
In an environment of interest rate uncertainty, locking in a long-term fixed rate on a significant portion of your capital structure is a strategic hedge. The 7(a) is primarily variable rate — the 504's fixed CDC debenture is a meaningful advantage for long-term planning and financial stability.
The 2025 SOP prioritizes veteran-owned business applications. The 504 program also supports economic development in underserved communities, minority-owned businesses, and rural areas — sometimes qualifying for public policy goal exemptions from the job creation requirement.
The 504 is powerful but not suitable for every situation. Understanding its limitations helps set realistic expectations and identify when a different financing tool is more appropriate.
This is the 504's most significant limitation. It cannot fund payroll, inventory, operating expenses, or any other working capital need. Businesses that need both a fixed asset and working capital must either structure a concurrent 7(a) loan or secure separate working capital financing. This two-loan complexity adds cost and time to the process.
Managing two separate loans — with two sets of closing documents, two monthly payments, two ongoing lender relationships, and two sets of reporting requirements — adds administrative burden compared to a single-lender 7(a) loan. For smaller projects, this complexity may not be worth the benefit.
Because the SBA must review and authorize the CDC debenture, 504 transactions typically take longer than 7(a) loans. Real estate transactions involving construction, environmental issues, or non-standard properties can extend timelines to 4–6 months or more. Businesses that need financing quickly are better served by other programs.
Businesses that cannot demonstrate the ability to create or retain the required number of jobs — or qualify for a public policy goal exception — may not qualify for the program. This is rarely a deal-killer for established businesses making genuine growth investments, but it requires documentation and planning.
Businesses that want to purchase commercial real estate as an investment — without substantially occupying the space — cannot use the 504. The 51% occupancy requirement is firm.
Selling the property or paying off the debenture early during the first half of the loan term triggers prepayment penalties. For a 20-year loan, penalties apply for the first 10 years — declining annually. This limits flexibility for businesses whose plans may change.
While the CDC debenture is fixed, the conventional bank's 50% first lien portion may be variable. Borrowers should negotiate the bank's rate structure carefully and understand their exposure to rate increases on that portion of the debt.
Understanding how the 504 compares to its alternatives helps businesses choose the right financing structure for their specific situation.
| Factor | SBA 504 | SBA 7(a) |
|---|---|---|
| Eligible uses | Fixed assets only (real estate, equipment) | Nearly any business purpose |
| Working capital | Not permitted | Permitted |
| Interest rate | Fixed (CDC portion) + bank rate | Primarily variable |
| Maximum loan | $5.5M CDC + bank portion (no cap) | $5M total |
| Down payment | 10% standard | 10–30% depending on use |
| Lenders involved | Two (bank + CDC) | One |
| Processing time | Longer (60–120+ days) | Shorter (30–90 days typical) |
| Job creation required | Yes (or public policy goal) | No |
| Best for | Long-term real estate / major equipment | Versatile; mixed-use financing |
When to choose the 504: You are purchasing owner-occupied commercial real estate or major long-lived equipment, you want a fixed rate, and you do not need working capital as part of the same financing. The 504 is almost always the better choice for large commercial real estate acquisitions where working capital is not needed.
| Factor | SBA 504 | Conventional CRE Loan |
|---|---|---|
| Down payment | 10% | 20–30% |
| Rate (long-term) | Fixed for full term | Often adjustable or balloon |
| Term | Up to 25 years fully amortizing | 5–10 year fixed, then reset |
| Eligibility | Must be small business (size standards) | No size restriction |
| Processing time | Longer | 30–60 days for qualified borrowers |
| Guarantee fees | Yes (typically financed) | No |
| Balloon risk | None on CDC portion | Common after fixed period |
| Best for | Businesses with limited down payment or wanting rate certainty | Businesses with strong equity and established relationships |
For businesses in rural areas, the USDA B&I program is an alternative worth considering. It offers loan guarantees for rural businesses (typically defined as outside cities/towns of 50,000+ population) and can be used for a broader range of purposes than the 504. However, B&I rates are typically higher, down payments are larger (20–25%), and the program has less national infrastructure than the 504 network.
The 504 program serves a wide range of industries. Here is how it applies in the sectors PG Strategic most commonly works with.
Common uses: Purchasing the restaurant building (or the strip center unit), commercial kitchen equipment packages, construction of a new facility, renovation of an acquired space.
Key considerations: Restaurants are high-failure-rate businesses — lenders scrutinize experience, concept validation, and location analysis carefully. Equipment for restaurants may have limited resale value and doesn't hold collateral value as well as real property. The strongest 504 applications in this space involve experienced operators with a proven concept purchasing their existing location.
Common uses: Purchasing manufacturing facilities, heavy equipment and production machinery, facility expansion for increased capacity, automation and technology investments.
Key considerations: Manufacturing is one of the 504's strongest sectors. The program was designed with manufacturers in mind — the job creation metrics are favorable (one job per $120,000 vs. $75,000 for non-manufacturers), and the FY 2026 fee waiver makes 504 effectively zero-cost in fees for qualifying manufacturers. Production equipment with 10+ year useful lives is highly eligible. Environmental assessments for industrial sites require careful attention.
Common uses: Hotel property acquisition, renovation and renovation financing, brand-flagged franchise acquisitions.
Key considerations: Hotels are classified as special-use properties, requiring a 15% (or 20% for startups) equity injection. Occupancy and RevPAR metrics are closely scrutinized. Franchise agreements must now comply with the 2025 SBA Franchise Directory requirements. Experienced hospitality operators with strong market data are the strongest applicants.
Common uses: Medical, dental, veterinary, and specialty practice real estate acquisitions, medical equipment packages, facility improvements.
Key considerations: Healthcare is a consistently strong 504 sector. Strong provider credentials, established patient bases, and recurring insurance revenue make for compelling cash flow analyses. Practice acquisitions with real estate components are well-suited to the 504 structure.
Common uses: Warehouse and distribution center purchases, cold storage facilities, industrial equipment and racking systems.
Key considerations: Industrial real estate is generally straightforward from an appraisal and environmental perspective. Warehouse properties tend to have strong collateral value. The growing e-commerce and logistics sector has made this one of the more active 504 categories in recent years.
Common uses: Office building purchases for law firms, accounting practices, consulting firms; technology infrastructure.
Key considerations: Service businesses have limited hard assets for collateral beyond the real estate itself. Personal goodwill vs. business goodwill is an important distinction in practice acquisitions. Revenue concentration in key personnel is a common lender concern.
504 transactions fail or stall for predictable reasons. Most are avoidable with proper preparation.
The two-lender structure, CDC involvement, and SBA review process are unlike conventional loans. Borrowers who approach this like a standard bank transaction are repeatedly surprised. Engage a CDC early and understand the process before committing to a purchase timeline.
Contracts with 30–45 day closing timelines are incompatible with 504 financing. Real estate purchase agreements should specify 90–120 day closing periods minimum. Failing to negotiate adequate time is the single most common reason deals fall apart.
Attempting to use 504 financing for investment property — or for a property where the business will occupy less than 51% — results in automatic disqualification. Confirm occupancy percentages before structuring any deal around 504 financing.
Industrial properties with prior environmental issues can significantly delay or kill a 504 transaction. Order a preliminary environmental review before entering into a purchase agreement if the property has any industrial history.
The 504 cannot fund working capital. Businesses that discover this after committing to a real estate purchase — without a separate plan for working capital — create cash flow problems at closing. Plan both financing needs simultaneously.
Two separate lenders will review your financials independently. Discrepancies between tax returns and financial statements, unexplained revenue variances, or missing schedules create red flags with both the bank and the CDC. Clean, reconciled financials are non-negotiable.
Under the 2025 SOP, citizenship and ownership documentation for 100% of all direct and indirect owners is required. Partial disclosure or overlooked ownership layers — holding companies, trusts, silent partners — will surface and delay the process. Disclose everything upfront.
Construction costs in particular are frequently underestimated. The 2025 SOP increased the contingency reserve requirement to 15% of construction costs for good reason. Budget conservatively and build in cushion — cost overruns cannot be funded by the 504 after the fact.
Strategic preparation significantly improves 504 approval odds and transaction speed. These are the practices that make the difference.
The CDC can give you a preliminary eligibility assessment before you commit to a deal. This saves enormous time and prevents the painful experience of discovering eligibility issues after signing a contract. A 15-minute call with a CDC costs nothing and can prevent months of wasted effort.
Not all commercial lenders understand the 504 structure. A bank that has done many 504 deals knows what the CDC needs, how to structure the first lien, and how to coordinate closing. An inexperienced bank can slow the entire transaction. Ask about 504 volume before selecting your lender.
Your tax returns and financial statements must tell a consistent story. Any discrepancies need written explanations. Owner add-backs (compensation above market rate, non-recurring expenses) should be clearly documented to demonstrate true business cash flow.
Don't leave the job creation requirement as an afterthought. Prepare a specific, credible employment plan — how many jobs, in what roles, on what timeline. If you are qualifying under a public policy goal instead, document that pathway explicitly with your CDC.
Environmental reports are required for all real estate transactions and often take 2–4 weeks to complete. Order the Phase I immediately after going under contract. If a Phase II is triggered, start it immediately — delays here are a leading cause of transaction failures and contract extensions.
Both the bank and the CDC will stress-test your cash flow. Submitting projections that just barely cover debt service at optimistic assumptions invites skepticism. Show your debt service coverage clearly, use conservative revenue assumptions, and include a sensitivity analysis showing coverage holds if revenue drops 10–15%.
504 transactions are complex. A professional loan packager who understands both the SBA requirements and the lender's credit standards can structure your application for approval, identify and resolve issues before submission, and coordinate the CDC and bank processes efficiently — saving time and improving outcomes.
The 504 ecosystem involves specific parties playing specific roles. Knowing how each operates helps you navigate the process efficiently.
CDCs are nonprofit lenders certified by the SBA to administer the 504 program. They are typically geographically focused — a CDC in New York may only operate in specific states. Key things to know:
The bank or conventional lender provides the 50% first lien. Considerations when selecting a bank partner:
Once the SBA issues a loan authorization, it steps back and lets the CDC and bank manage the transaction. Post-closing, the SBA retains oversight through the CDC's ongoing monitoring and compliance reporting. Major changes to the business — ownership transfers, additional debt, change in use of the property — may require SBA consent.
Both the bank and the CDC have their own internal approval processes. The bank's loan committee evaluates the conventional portion. The CDC's loan committee evaluates the SBA debenture. These reviews can happen sequentially or simultaneously depending on the parties involved. Understanding that your deal must satisfy two separate credit cultures — and preparing for that — helps you anticipate the questions each party will ask.
The SBA 504 loan program is one of the most effective long-term financing tools available to established small businesses. Used correctly, it enables business owners to acquire real estate and equipment on terms that preserve capital, provide rate certainty, and build lasting equity.
The program rewards preparation, patience, and professional guidance. Businesses that approach the 504 with realistic timelines, clean financial records, and experienced advisors consistently achieve outcomes that transform their financial position — owning instead of renting, building equity instead of paying indefinitely, and locking in rates that protect them from decades of market volatility.
The CDC debenture (SBA-guaranteed portion) is capped at $5.5 million for most projects. There is no SBA cap on the conventional bank's 50% first lien portion — total project size is limited only by the bank's credit decision and the business's ability to service the combined debt.
Yes — this is one of the most common and compelling 504 use cases. If you are renting your current commercial space and the landlord is willing to sell, a 504 loan can be used to purchase the property, potentially replacing your rent payment with a comparable or lower mortgage payment while building equity in the asset.
For new construction or major renovation, 504 funds are disbursed through a construction draw process. The conventional bank typically manages the construction draws on its portion, and the CDC debenture closes when construction is substantially complete. Construction timelines extend the overall process — expect 4–6 months minimum for significant construction projects.
Yes, but with a higher equity injection requirement (15–20%) and additional scrutiny on the business plan, owner experience, and financial projections. Startups without an operating history face the same headwinds in the 504 as in any commercial lending context. Having relevant industry experience, a strong personal financial position, and a detailed business plan are essential.
You must either create or retain one job per $75,000 of SBA debenture ($120,000 for manufacturers), or qualify under a public policy goal such as improving a rural area, reducing energy consumption, supporting a minority-owned business, or other approved categories. In practice, most growing businesses can satisfy the job requirement or qualify for at least one public policy goal.
The major 2025 changes (SOP 50 10 8, effective June 1, 2025) include: 100% citizenship/LPR requirement for all owners, reinstatement of the SBA Franchise Directory requirement, 12-month debt currency standard for refinances (up from 6 months), increased construction contingency to 15%, prioritization of veteran-owned applications, and the reinstatement of the $16.5 million cap on green energy debentures. Additionally, effective October 1, 2025, manufacturing 504 loans carry zero guarantee and service fees through September 2026.
Standard real estate acquisitions typically take 60–90 days from application to closing. Construction projects and more complex transactions can take 90–120+ days. Plan your purchase contract timelines accordingly — the most common mistake in 504 transactions is committing to closing dates that the process cannot support.
At PG Strategic, we understand that navigating the SBA 504 process requires expertise across multiple dimensions — financial analysis, SBA compliance, lender relationships, and project coordination. Our team helps business owners assess eligibility, structure transactions correctly, prepare applications that are ready for approval, and coordinate the CDC and bank process from start to close.
If you are considering a commercial real estate purchase, major equipment acquisition, or long-term fixed-asset investment, we welcome the conversation.
PG Strategic helps business owners assess eligibility, structure 504 transactions correctly, and navigate the CDC and lender process from start to close.
