Your Comprehensive SBA Loan Service Provideremail: info@waterstonelsp.com
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(281) 248-2151


SBA 504 Loans

SBA 504 loans are specialized commercial loans provided for the purchase, refinance, construction or renovation of owner-occupied real estate. 504 loans can also be used for the purchase and installation of long-life machinery and equipment.

Loan Amounts: $500,000 to $10 million
Standard Loan Structure: 50% financing by first mortgage lender
  40% financing by SBA 504 second mortgage (provided through a local Certified Development Company or CDC)
  10% down payment by borrower (15% in case of special use, 20% in case of start-up; in both cases CDC portion is reduced)
Terms: 1st mortgage amortizations up to 25 years, competitive rates available
  2nd mortgage amortizations of 20 years, fixed rate determined by 504 debenture sale.

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2901 Wilcrest Drive, Suite 235 | Houston, TX 77042 | (281) 248-2151
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