adminThe SBA 504 loan program is one of the most powerful financing tools available for small business owners purchasing commercial real estate or major equipment. Our SBA 504 loan calculator lets you estimate your monthly payments before you approach a lender. Here’s how to use it and what the results tell you. What Is an … Read more
The two most popular SBA loan programs — the 7(a) and the 504 — are often confused. They’re both government-backed, both designed for small businesses, but they serve fundamentally different purposes. Here’s how to choose between them. The Core Difference The SBA 7(a) is the Swiss Army knife of SBA loans — flexible, multi-purpose, and … Read more
SBA loans offer competitive rates and long terms — but they come with a fee structure that surprises many borrowers. Here’s a complete breakdown of every fee you’re likely to encounter, and how to factor them into your total cost of borrowing. SBA Guarantee Fee The most significant SBA-specific cost is the guarantee fee — … Read more
Understanding how your SBA loan amortizes — how each payment splits between principal and interest — is essential for cash flow planning and for knowing how much you’ll owe at any point in the loan term. Here’s a clear breakdown. What Is Loan Amortization? Amortization is the process of paying off a loan through regular … Read more
The SBA 504 loan program offers some of the most attractive financing terms available for commercial real estate and equipment — but it comes with specific eligibility requirements that not every business meets. Here’s exactly what you need to qualify in 2026. Basic Business Eligibility To qualify for an SBA 504 loan, your business must: … Read more