SBA 504 Loans To Expand Your Small Business
CDC SBF grants loans for small business owners to expand their company even when they’ve already been turned down through their bank. An SBA 504 Loan with a low down payment is a great financing option to get you money to purchase business property.Michael Chang, Owner at RapidLED in the California Bay Area, needed money to purchase a building for his business. Through CDC Small Business Finance, he was able to obtain an SBA-504 loan and because the SBA only required 10% down for the 504 loan, Michael had enough money left over to invest in his inventory.