Tap to get financing
SBA 504 Loans
SBA 504 Loans
Loan usesRequirementsDown paymentsRates and costsCalculatorApplication processCompare SBA loansSBA 504 RefinancingApplication ChecklistClosing ChecklistLoan AssumptionFrequently Asked Questions
Requirements Application process
Resources
Commercial Property InsuranceBlogLoan Calculator
For Brokers
About
About usContact us
(561) 559-5535
Get financing →
Close sba504.loans is an independently owned and operated website and has no government affiliation. We are not the Small Business Administration and are not a lender. If you are trying to reach the SBA click here to be redirected.

SBA 504 Loan Guide

Content tagged with: SBA 504 Job Creation Requirements

Clear filter
Aug 26, 2022

Can I Use an SBA 504 Loan to Invest in Real Estate?

In contrast to other business loans, including other SBA loans , the SBA 504 loan program is specifically geared to help small businesses purchase real estate of all types. This could be an existing building, or it could be empty land and funds for construction of the property. This focus natural

Aug 26, 2022

Can a Non-Citizen Apply for an SBA 504 Loan?

While non-citizens can apply for an SBA 504 loan, it can be complicated. That's especially true if the non-citizen is not a lawful permanent resident.

Aug 26, 2022

Can I Use an SBA 504 Loan for an Online Business?

The Internet has revolutionized almost every industry. There are very few segments of the economy that have not been affected at least somewhat by the advent of the Internet, and many segments have seen the rise of “online only” businesses. Of course, this is something of a misnomer. The businesses

Aug 26, 2022

Can Franchises Benefit from an SBA 504 Loan?

It may seem like franchises would not be a good fit for an SBA loan, but that is actually not the case. Many franchises can qualify for an SBA loan, primarily 7(a) and 504/CDC loans. With that being said, not all franchises will qualify.

Aug 26, 2022

Can You Use an SBA 504 Loan to Finance Business Vehicle Purchases?

While most business loans can be used for anything your company might need, that’s not the case with the SBA 504 loan . It is strictly to be used for real estate-related needs, or for the purchase of heavy equipment. That eliminates the purchase of vehicles, even if you intend to purchase fleet veh

Aug 26, 2022

How Can I Improve My Business Credit for an SBA 504 Loan Application?

As we’ve mentioned elsewhere on this site, you should have a credit score of 680 or higher if you want to apply for a 504 loan . That can be challenging for small businesses. Thankfully, there are ways that you can improve your credit and make your business a better funding candidate while reducing

Aug 26, 2022

What Is a Certified Development Company and Why Are They Involved in 504 Loans?

According to the SBA, “A Certified Development Company (CDC) is a nonprofit organization that promotes economic development within its community through 504 loans. CDCs are certified and regulated by the SBA, and work with SBA and participating lenders (typically banks) to provide financing to small

Aug 26, 2022

What are the Job Creation Requirements of the SBA 504 Loan Program?

504 loans exist to help small businesses grow and expand. However, they are not available to all companies. In order to qualify, you must meet specific requirements. In general, this means that you need to create a specific number of jobs based on the amount of the loan. However, that’s not always t

Aug 26, 2022

How Is the SBA 504 Loan Structured?

It’s important to realize the difference between a 504 loan and many other types of loans. For instance, with a home loan, your funds go specifically towards the purchase of the house and land on which it sits. It may also be used to pay some associated costs, and there are loan options that will al

Aug 26, 2022

What is the Required Debt Service Coverage Ratio (DSCR) for SBA 504 Loans?

In order get approved for an SBA 504 loan , you must prove your company’s ability to repay it. A business plan and the necessary financial documents play a role in that. However, most underwriters will use a debt service coverage ratio, or DSCR, as a major element in their decision-making process.

Aug 26, 2022

Are There Prepayment Penalties with an SBA 504 Loan?

Consumers have received greater protection against prepayment penalties on mortgage loans in the past few years. However, the same protections do not extend to small business owners. The simple answer to the question of whether or not there are prepayment penalties with an SBA 504 loan is yes, the

Getting a small business loan should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

Get financing →

Janover: Your Partner in Growth

At Janover, we offer a wide range of services tailored to your unique needs. From commercial property loans and LP management to business loans and services for lenders, we're here to help you succeed.

Learn more about Janover →
Commercial Property Loans

Get the best CRE financing on the market.

Explore Financing Options →
LP Management

Syndicate deals on autopilot with Janover Connect.

Discover LP Management →
Business Loans

Match with the right kind of loan, in record time.

Find Business Loans →
For Lenders

Supercharge your loan pipeline. Unlock more deals.

Boost Your Loan Pipeline →
SBA 504 Loans

SBA 504 Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Commercial Real Estate Loans, SBA7a Loans, HUD Loans, Janover Insurance, Janover Pro, Janover Connect, and Janover Engage.

Janover Tech Inc.

6401 Congress Ave
Ste 250
Boca Raton FL 33487
(561) 559-5535 
[email protected]

Site Information

Privacy Policy
Terms of Use


For Commercial Mortgage Brokers

This website is owned by a company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. We are a technology company that uses software and experience to bring lenders and borrowers together.

All users should perform their own due diligence and research. Nothing on this website is an offer or a solicitation for a loan. This website does not endorse or charge you for any service or product. None of the information on this site constitutes legal advice. We are not affiliated with the Small Business Administration (SBA). If you need to visit the SBA directly please click here: sba.gov

Click here for our Advertiser Disclosure.

This website utilizes artificial intelligence technologies to auto-generate responses, which have limitations in accuracy and appropriateness. Users should not rely upon AI-generated content for definitive advice and instead should confirm facts or consult professionals regarding any personal, legal, financial or other matters. The website owner is not responsible for damages allegedly arising from use of this website's AI.

Copyright © 2025 Janover Tech Inc. All rights reserved.

+

Fill out the form below and get the pricing and terms banks can't compete with.