The SBA 504 Loan Program
CEDCO offers professional and reliable services in guiding you through the 504 loan process, from origination to servicing. In partnership with the Small Business Administration (SBA), we provide below market rates, long-term financing and a low down payment on office, commercial and industrial assets located in Colorado.
Normally, we lend 30-40% of the total project costs, with a bank providing 50% and you, the borrower, providing a 10-20% down payment. Our portion of lending on past projects has ranged from $25,000 to $5,500,000. Real estate loans are funded every month and are for a term of twenty years. Long lasting fixed equipment loans are funded in odd numbered months only and are for a term of ten years.
Who is Eligible?
- Owner occupied properties (51%)
- New construction or existing
- SBA Loan amount up to $5,500,000
- Net Worth up to $15,000,000
- Profits after tax under $5,000,000
- Demonstrated repayment ability
We would be happy to provide you with more details about our company and what we can do for you. Contact us at 303 893-8989 or use our contact form.