Posts tagged 401(k) SBA Down Payment
Who Are the Top SBA 504 Lenders?

Each year, the SBA insures billions of dollars in 504 loans. In fact, in 2017, annual SBA 504 loan volume hit a new high of $5 billion— but who are the most highly-qualified lenders issuing these loans? In 2018, some of the top-rated SBA 504 lenders included Wells Fargo, JPMorgan Chase, US Bank, and TD Bank.

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How Long Does It Take an SBA 504 Loan to Get Approved?

The length of time required for an SBA 504 loan to be approved can vary drastically, but averages between 60 and 90 days. With that being said, it may take up to six months in some situations. There is no hard and fast rule here, and each situation will be unique.

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