SBA 504 Loans
The “Wealth Creator”
Our SBA 504 loan program is designed to help your business create wealth by purchasing your commercial real estate.
SBA 504 Loans
The “Wealth Creator”
Our SBA 504 loan program is designed to help your business create wealth by purchasing your commercial real estate.
What can an SBA 504 Loan be used for?
It’s very simple. Our SBA 504 loan program is used for purchasing, renovating, financing or constructing owner occupied/owner operated commercial real estate or buying heavy equipment.
Some of the things that the program cannot be used for include: working capital, partner buyouts, business acquisitions, franchise fees and so forth. These financing needs are better suited for our SBA 7(a) loan program.
SBA 504
Frequently Asked Questions
Who is Eligible for the SBA 504 Loan?
- For-profit, non-publicly traded businesses
- Tangible business net worth (including affiliates) not to exceed $15 million
- Average net income of the business not to exceed $5 million over the previous two years
- Ownership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)
Who is NOT Eligible for the SBA 504 Loan?
- For-profit, non-publicly traded businesses
- Tangible business net worth (including affiliates) not to exceed $15 million
- Average net income of the business not to exceed $5 million over the previous two years
- Ownership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)
What Type of Properties does Fountainhead Finance?
- Medical offices or medical facilities (such as labs and clinics)
- Office buildings (including office condos)
- Warehouses (and other industrial properties)
- Day care facilities (for children or adults)
- Free-standing restaurants
- Limited-service, flagged hotels (some unflagged destination hotels will be considered)
- Auto repair shops
- Assisted-living facilities
- Call to ask about many other property types that are eligible
Loan Amounts
$250,000 – $22,000,000
Amortizations
10 year – 25 years
Rates
3.63% – 6.5%
How to Apply
01- Apply
Fill out our quick application and upload some basic documents, and our Pronto software will go to work on issuing you an approval in less than 2 hrs.
02- Connect
Once you’ve received your approval, one of our Loan Specialists will reach out and walk you through next steps.
03- Fund
After everything is reviewed and approved, you’ll be on your way to creating wealth instead of paying a landlord every month.
“Ultimate Guide to The SBA 504”
Want more info on our Fountainhead SBA 504 program? Download our ultimate guide.
