SBA 504 Loan Features

Quick Decision
Making Process

Fixed Rates Available

Low Down Payment

No Balloon Payment

Product Information

Under this program, Bank of Hope provides 1st Deed financing and the Certified Development Company (CDC) provides 2nd Deed financing for commercial property purchases.

Loan Amount

  • 1st Deed Financing: Up to 50% of total financing package
  • 2nd Deed Financing: Up to 40% of total financing package

Loan Terms

  • 1st Deed Financing: Up to 10 years & 25 years amortization
  • 2nd Deed Financing: Up to 25 years full amortization

Loan Purpose

Real estate, heavy equipment and other fixed assets

Interest Rate

Fixed Rates Available

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