August 19, 2026
If the 7(a) loan is the all-purpose tool, the 504 loan is the one built specifically for the big stuff, buildings, land, and heavy machinery.
Purchasing owner-occupied commercial real estate
Ground-up construction or major renovation
Buying heavy equipment or machinery
That structure is why 504 loans typically only require around 10% down, well below the 20-30% many conventional commercial real estate loans ask for.
Can I use a 504 loan for working capital?
No, 504 is specifically for fixed assets. For working capital, a 7(a) loan is the better fit.
How large can a 504 loan get?
The SBA-backed portion can reach into the millions depending on the project and job-creation criteria.
If your next move is buying a building or major equipment rather than covering day-to-day expenses, the 504 is worth a serious look. Visit our blog to learn more, or reach out to talk through your project.
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