This means that we are now able to approve smaller loans in-house, expediting the SBA
approval timeline significantly. While total project costs may amount to well over $1mm,
the 504 portion which is up to 40% of the total project can be up to $500,000.
The increase in the popularity of the SBA 504 loan program has led to longer approval
timelines from the SBA Loan Processing Center, so the 504 Express program will streamline
the process for many borrowers, allowing them to get access to capital faster and lock in
If you’d like to take advantage of long-term fixed interest rates before they continue to
increase, contact us to get started!