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
