SBA 504 Financing Request
Institutional Underwriting • Certainty of Execution
This intake is designed to confirm SBA 504 eligibility, structure the project financing, and coordinate bank and CDC relationships for closing. Intended for owner-occupied commercial real estate acquisitions, expansions, and major capital improvements.
Submissions are reviewed through a disciplined underwriting lens to evaluate owner-occupancy, job creation requirements, project structure, and borrower qualifications. A principal reviews every submission within one business day.
SBA 504 requires job creation or retention benchmarks. For projects that may not qualify, SBA 7(a) owner-occupied financing may offer an alternative path. Review the SBA 504 program →
Typical SBA 504 Loan Terms
| Project Size | $500K to $25M+ total project cost |
| Structure | 50% bank first lien, 40% SBA CDC debenture, 10% borrower equity |
| Amortization | 10, 20, or 25-year fully amortizing SBA debenture; bank terms vary |
| Rate | SBA debenture fixed rates tied to U.S. Treasuries |
| Recourse | Partial or limited recourse depending on bank structure |
| Job Creation | Job creation or retention benchmarks required as a condition of eligibility |
| Eligible Borrowers | For-profit U.S. businesses occupying at least 51% of the subject property |
| Closing Timeline | Typically 60 to 90 days from executed term sheet and CDC approval |
About Cornovus Capital
With more than 70 years of combined capital markets leadership experience, Cornovus Capital is a national institutional commercial real estate and business capital advisory firm. Led by principals and senior advisors across institutional credit, capital placement, asset management, and hospitality ownership, we perform institutional-grade underwriting on every engaged transaction and place credits with pre-qualified capital partners matched to the transaction’s credit profile, structure, asset class, and geography.
Our expertise spans seven debt silos: SBA 7(a), SBA 7(a) 100% CRE, SBA 504, Bridge and Structured Debt, CMBS and Conduit, Conventional Multifamily (Agency and LifeCo), and Student Housing, with a Hospitality Owner’s Representation overlay led by principals with direct owner-operator experience across the full asset lifecycle.
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Connect with Cornovus Capital
For active acquisitions, refinances, recapitalizations, or expansion opportunities, begin with the appropriate financing request. For early-stage discussions, use the contact path to confirm program fit and execution strategy.
Submit a financing request → | Contact us →
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