Marcus Wright Mortgage
Español (682) 403-3406 Apply now
Commercial

SBA 504 loan

The short answer The SBA 504 program supports eligible major fixed-asset projects through a Certified Development Company (CDC) and a financing structure with several participating parties. It can fit qualifying owner-user real estate or equipment needs. It generally doesn't fund working capital, inventory or speculative rental investment, and refinancing has its own eligibility rules.

Last reviewed: October 18, 2026 · General education, not a loan offer or approval. Availability and terms depend on the lender, the property and your file.

It may fit if

  • Your business will occupy the real estate you want to buy or build.
  • You need major equipment or other long-term fixed assets.
  • You want to compare the full 504 package with other commercial options.

Tradeoffs to weigh

  • It generally doesn't cover working capital, inventory or speculative rental property.
  • The package has several parts with different terms, so compare the whole structure.
  • More parties are involved, which can add steps and coordination.

What to have ready

  • What the project is and its total costs.
  • How much of the property your business will occupy.
  • How much of your own funds you plan to put in.
  • Your business financial statements and time in business.
  • Any existing debt you hope to refinance.

Questions people ask

Is the entire project financed at one fixed rate?

Not necessarily. The components can have different terms, so compare the full package.

Can it refinance existing debt?

Certain qualified debt may be eligible. The CDC and lender must review the transaction.

Your next step

Tell me what you're trying to do. I'll check which options fit your situation and walk you through the tradeoffs.

Start my applicationTalk to Marcus

Related topics

Small-balance commercial loan Larger commercial loan Owner-occupied commercial loan Investor commercial loan Commercial bridge loan SBA 7(a) loan See the loan programs All topics

Sources

Official program and consumer sources this page is based on. Lender rules can be stricter than these.

Marcus Wright
Who you'll work with

You work with me, start to finish.

Marcus Wright · Loan Officer, NMLS #2789841

Originates through Q Mortgage LLC, NMLS #2567464. Licensed in Texas.

Check my license on NMLS Consumer Access

I aim to get back to you within a few working hours, often sooner.

Se habla español. Every page and form here works in Spanish.

How it works

  1. 1. Tell me your goalCall, book a time or send a note. No SSN and no credit check to start a conversation.
  2. 2. I compare your optionsI look at your income, property and plans, and explain the costs and tradeoffs of each route in plain language.
  3. 3. Apply when you're readyYou apply through a secure application. The lender's underwriting makes the final decision, and I keep you updated until closing.
Contact

Let's talk about your loan.

Call, book a time, or send a quick note. Whatever's easiest.

(682) 403-3406Tap to call Pick a timeBook a call on my calendar Weekend timeSat–Sun, 11 a.m.–7 p.m. Central. I confirm it personally. marcus@qmortgage.aiEmail me anytime

Hours Weekdays 8 a.m.–8 p.m. Central. Weekends 11 a.m.–7 p.m. Central by appointment.

I aim to get back to you within a few working hours, often sooner.

Tell me about your loan