A SBA 504 loan is a term real etate loan designed to provide owner-occupied real estate financing for business expansion while allowing the borrower to conserve working capital for business needs.

The purpose of the program is to encourage lenders to provide real estate financing for business expansion and job growth, while allowing the borrower to conserver working capital for business needs.

Typical transactions include warehouse, manufacturing or office expansion, hotels, restaurants, adult care facilities, grocery stores, medical offices, etc.

Equipment with at least a 10-year useful life can also be financed. This is usually done in conjunction with the real estate financing.

Transactions which SNL avoids include gas station/c-stores, night clubs, athletic/fitness clubs, car washes, auto dealerships, start-ups, special-use properties and cash out refinances.

Visit our online loan application qualifier (http://www.snlloans.com) to see if you qualify for our SBA 504 loan orgination program. It is an easy process which only takes a few minutes.

The minimum loan size that we are looking for is a total of $1,000,000 (a $500,000 1^st mortgage). If you have a loan smaller than that, please contact us.