SBA 7(a) & 504 Loans
Owner-occupied real estate with low down payments and long-term fixed rates.
Financing for business owners who buy, build, or refinance property they occupy. Down payments can be as low as 10% with long-term fixed-rate options. Ideal for operating businesses, medical and professional offices, hotels, and more.
Typical Terms
SBA 7(a) & 504 · Down payments as low as 10% · Long-term fixed and variable options
Eligible Properties
- Owner-occupied commercial real estate
- Medical & professional offices
- Hotels & hospitality (owner-operated)
- Light industrial / warehouse
- Owner-occupied mixed-use
What We Need
- 3 years business & personal tax returns
- Year-to-date profit & loss
- Personal financial statement
- Business debt schedule
- Use of proceeds
Illustrative use case: an operating business purchasing its building could combine SBA 504 for a low-down-payment, long-term fixed structure on the owner-occupied portion, keeping working capital in the business.
Other commercial programs
SBA 7(a) & 504 FAQ
What is the difference between SBA 7(a) and SBA 504?
SBA 7(a) is a flexible government-guaranteed loan that can fund real estate, business acquisition, and working capital. SBA 504 is specifically for owner-occupied real estate and major equipment, with a long-term fixed second lien — ideal for keeping down payments low.
Do I have to occupy the property?
Yes. SBA owner-occupied programs generally require the operating business to occupy at least 51% of the property. For investment property that you won't occupy, a DSCR or conventional commercial structure is usually the better fit.