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What collateral is required for a 504 loan ? - BLP - Business Lending Partners
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What collateral is required for a 504 loan ?

August 28, 2023
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What collateral is required for a 504 loan ?

SBA will take a subordinate collateral position behind the primary lender. Generally, collateral will include only the assets being purchased with SBA loan funds. The 504 program does not require additional collateral as required within the 7(a) program such as personal assets of owners.

Category: SBA 504
Tags: Business Owners, Lenders and Brokers
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