SBA 504 Loan Structure

504 loans for existing businesses are typically financed 50% by the participating commercial lender, 40% by the CDC, and 10% by the business borrower. For example, a $2,200,000 real estate project for an existing business might be structured as follows.

  Commercial Lender WIDC•Frontier Business Borrower
Loan Amount  $1,100,000 $880,000  $220,000
Percent of Project  50%  40%  10%*
Term  Min 10 Years  20 Years  Equity
Interest Rate  Market Rate  Fixed Rate   
Collateral  1st Mortgage  2nd Mortgage   

*Start-up business OR a Special Purpose building requires 15% borrower equity
*Start-up business AND a Special Purpose building requires 20% borrower equity

An SBA 504 Loan is a powerful business financing tool that enables successful businesses to grow:

  • 90% financing preserves working capital for business expansion
  • The borrower chooses the 1st Mortgage lender based on their terms and interest rates
  • SBA loan fees are included in the 504 loan to reduce up-front cash outlay
  • Fixed interest rate on the SBA loan (10 or 20 years) for life of the loan

Contact us to schedule a free Lender Training seminar for your Commercial Lending Department. We will discuss the SBA 504 Loan Program, recent program changes, and the advantages to lenders and their small business customers.

Best Western Plus Frontier Inn • Cheyenne Wyoming

SBA 504 Financing • Bank of the West & WIDC Frontier

Down To Earth Dry Cleaners • Laramie Wyoming

SBA 504 Financing • First Interstate Bank & WIDC Frontier

Gateway Fuel • Laramie Wyoming

SBA 504 Financing • First Interstate Bank & WIDC Frontier

Hilltop Family Dental • Casper Wyoming

SBA 504 Financing • ANB Bank & WIDC Frontier

Jump Craze • Casper Wyoming

SBA 504 Financing • ANB Bank & WIDC Frontier

Kaiser Corporation Floor Covering & Ceramic Tile • Cheyenne Wyoming

SBA 504 Financing • First Interstate Bank & WIDC Frontier

Mer Tax Accounting & Consulting • Cheyenne Wyoming

SBA 504 Financing • Jonah Bank & WIDC Frontier

Ramada Plaza • Casper Wyoming

SBA 504 Financing • Avana Capital & WIDC Frontier

Reese & Ray’s IGA • Thermopolis Wyoming

SBA 504 Financing • Pinnacle Bank of Worland & WIDC Frontier

Wyoming Bearing & Supply • Cheyenne Wyoming

SBA 504 Financing • Tri-County Bank & WIDC Frontier

Contact

WIDC•Frontier CDC
232 East 2nd Street, Suite 300
Casper, WY 82601
307-234-5351
1-800-934-5351

Contact

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