Are You a Broker?
Security National is one of the best direct lenders for many SBA 504 loans which you want to offer your clients. If you would like to know whether your client qualifies for a SBA 504 loan with Security National, read the information below then fill out our Online Calculator.
What is Security National Looking for in a SBA 504 SBA First Lien Loan?
| Preferred Types of Real Esate | Real Estate S.N. Avoids |
|---|---|
| Office | Gas Station/C-Store |
| Warehouse | Car Wash |
| Manufacturing | Auto Dealership |
| Medical Offices | Night Club |
| Retail | Athletic/Fitness Centers |
| Adult Care Facilities | Special Use Start-Ups |
| Etc.* | Hotels/Motels |
*If your type of business in not on either of these lists, please contact us to see if you qualify.
Eligibility Requirements
- Businesses must be for-profit entities engaged in manufacturing, retail/wholesale, service and construction
- The business must have a net worth less than $15 million and average annual net profits for the past two years of less than $5 million
- On an existing facility, borrower must occupy 51% of the space
- On a new facility, borrower must occupy 60% of the space
- Minimum FICO Score = 650 - No previous bankruptcy
