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Independent research · Not a lender or broker · We never take applications|Disclosures

Glossary

SBA 504

Long-term fixed-rate financing for owner-occupied real estate and heavy equipment.

Structured as three parts: roughly 50% from a bank, 40% from a Certified Development Company, 10% from the borrower.

The CDC portion carries a fixed rate for up to 25 years, set when the funding debenture is sold.

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