SBA 504 Loan Package Builder
Prepare your SBA 504 loan application step by step. The 504 program finances commercial real estate and major equipment through a 50/40/10 structure with a CDC (Certified Development Company) as intermediary.
Not sure what to include? View a sample packetUnderwriter's path
KYN is helping you answer the questions a lender will ask before they ask them.
The lender starts with cash flow, DSCR, debt, and whether the request is sized to the business.
Every claim should tie to a tax return, bank statement, P&L, balance sheet, contract, invoice, or owner document.
One-time costs, seasonality, owner draws, weak months, credit issues, and unusual deposits should be explained before the lender asks.
SBA 504 Loan Requirements
The 504 program requires additional documentation beyond standard SBA forms, including environmental review, real estate appraisal, project cost breakdown, and CDC application. Your CDC will guide you through their specific requirements.