Commercial
SBA 504
The SBA 504 loan program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as equipment and real estate. Unlock your business's potential with an SBA 504 loan, offering stability and predictable payments. With rates starting at 8.5%, the SBA 504 program is designed to help you expand and thrive.
Key Facts About SBA 504
CMRE commercial loans finance office, retail, industrial, and multifamily properties.
Commercial loans from CMRE range from $500,000 to $50 million.
CMRE commercial programs offer 5, 7, and 10-year fixed-rate terms.
Commercial loans at CMRE require a minimum DSCR of 1.25.
CMRE commercial lending covers acquisition, refinance, and construction.
CMRE SBA 504 ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for SBA 504.
CMRE SBA 504 closes in LLC, corporation, or trust names.
Program Benefits
Long-term, fixed-rate financing protects against fluctuating interest rates.
Lower down payment requirements compared to conventional commercial loans.
Financing available for major fixed assets, including land, buildings, and equipment.
Helps businesses grow and create jobs within their communities.
Rates starting at 8.5% provide predictable and manageable payments.
Can be used in conjunction with other financing options to maximize capital.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
Varies depending on project and borrower qualifications
Amortization Options
Eligible Properties
- Office Buildings
- Manufacturing Facilities
- Warehouses
- Retail Spaces
Program Requirements
Income Documentation
- •Demonstrated ability to repay the loan through business revenue.
- •Stable and consistent revenue stream over the past two years.
- •Detailed financial projections showing future profitability.
Asset Verification
- •Sufficient assets to secure the loan, including the financed property.
- •A strong balance sheet showing adequate liquidity.
- •Personal or corporate guarantees may be required.
Insurance & Title
- •Adequate property insurance to cover the replacement cost of the financed asset.
- •Business liability insurance to protect against potential claims.
- •Flood insurance may be required depending on the property location.
Property Requirements
- •Minimum FICO score of 640.
- •Good credit history with no recent bankruptcies or foreclosures.
- •Demonstrated responsible credit management.
The Complete Guide to SBA 504 Loans
What Is SBA 504?
The SBA 504 loan program is designed to help small businesses acquire fixed assets, promoting growth and job creation. It involves a partnership between a Certified Development Company (CDC), a lending institution, and the borrower. The loan structure typically includes a portion financed by the CDC with a 40% share, a bank or lending institution covering 50%, and the borrower contributing 10-15% of the project cost.
Qualifying for SBA 504
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
SBA 504 vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for SBA 504 with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
SBA 504 Comparison: Commercial vs SBA vs Residential
- •Commercial loans are underwritten on property net operating income (NOI) with typical DSCR requirements of 1.20x-1.25x. SBA loans offer lower down payments (10%) for owner-occupied commercial but require agency approval adding 15-30 days.
- •CMRE commercial bank statement programs allow self-employed borrowers to qualify using 12-24 months of business bank statements instead of tax returns and financial statements, significantly simplifying the documentation process.
- •For mixed-use properties (commercial + residential), CMRE evaluates which program structure provides the best terms. Properties with 51%+ commercial use qualify for commercial lending; properties with 51%+ residential may qualify for more favorable residential terms.
- •CMRE structures commercial loans with flexible terms: 5, 7, or 10-year fixed periods with 25-30 year amortization, interest-only options for cash flow optimization, and prepayment structures tailored to your business plan.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
SBA 504 loans can be used to finance the purchase of land and buildings, new construction, renovations, and long-term machinery and equipment.
Advantages include fixed interest rates, lower down payments, and long repayment terms, which can help businesses preserve capital and manage cash flow effectively.
The maximum SBA 504 loan amount varies, but it can be up to $5 million for standard projects and higher for energy-efficient or manufacturing projects.
CMRE SBA 504 starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
30-60 days depending on complexity. SBA: 45-90 days.
SBA 504 by Location
Get local rates, loan limits, and market data for SBA 504 in your area.
CA
CO
GA
ID
IL
MI
NJ
NY
OH
OR
VA
WA
View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
