SBA 504

The SBA 504 real estate program was developed to help small business owners buy or renovate commercial real estate for their own operations.

To be eligible, the business must:

  • Occupy 51% or more of the space of an existing facility to be purchased; or 60% or more of the space in a new facility being constructed.
  • Be an existing, for-profit business.
  • Have a tangible net worth of less than $15 million.
  • Have an average profit for 2 years combined of $5M or less.

With any small business, financing can be challenging when it comes to finding the right solution.

Banc of California offers attractive financing options with the SBA as our partner, including: