Industries
SBA 504 Financing, by Industry
The structure is the same everywhere: a bank first mortgage, NSDC's fixed-rate SBA portion, 10% down. What changes by industry is what the money buys, which properties count as special-purpose, and where the program's extra room is. Pick yours.
How the SBA 504 loan works
The whole program in about a minute: the three parts, the down payment, and what the money can buy.
Healthcare, medical and dental
Clinics, surgery centers, imaging and dental equipment.
Manufacturing
The program's highest caps: $5.5 million SBA portion, $150,000 per job.
Hotels, motels and event venues
Special-purpose property, 15% equity, and how the deal still works.
Retail stores and shopping centers
Own your storefront; lease the rest within the occupancy rule.
Restaurants, cafes and food processing
Kitchens, buildings and long-life equipment.
Professional service firms
Law, accounting, engineering, agencies: stop renting the office.
Logistics, warehousing and distribution
Warehouses, yards, docks and material-handling equipment.
Education and childcare
Schools and centers that need to own their site.
Energy and sustainability projects
Higher caps for projects that cut energy use by 10% or generate renewable power.
The structure, whatever the industry
A bank first mortgage, NSDC's fixed-rate SBA portion, and your equity. Start-ups and special-purpose properties put in more.
- 50% Bank or credit union First lien. Its own rate and term.
- 40% SBA 504 through NSDC Second lien. Fixed for 10, 20 or 25 years.
- 10% You Cash or equity you already hold.
Eligibility, in brief
Your business operates for profit; tangible net worth is under $20 million and average net income under $6.5 million; you'll occupy at least 51% of an existing building or 60% of new construction; and the money buys real estate, long-life equipment, or eligible refinancing. The full requirements, with sources.
The timeline
Prequalification is free, with an answer within three business days. Full SBA approval typically takes two to three weeks, and most NSDC loans close within 45 days, because as a Premier Certified Lender NSDC approves in-house. The four phases.
Why NSDC
Nevada's oldest, largest and only statewide CDC, lending since 1981: 2,350+ loans, $1 billion+ in SBA financing, 23,914 jobs supported, from offices in Las Vegas and Reno, serving Nevada, Mojave County, Arizona, and eleven eastern California counties. About NSDC.
This page is for general informational purposes only and does not constitute legal, tax, or financial advice. Figures verified September 2026.
Tell us about the building. We'll tell you where you stand.
Four details, no credit pull. A loan officer in Reno or Las Vegas reads them and calls you. Pre-qualification within three business days.
- Free
- No credit pull
- No documents to start
- A named officer replies
We love owning this because we're in charge of our destiny.
Full Tilt Logistics, NSDC borrower · 2,350+ loans since 1981