Industries
SBA 504 Financing for Education and Childcare
A childcare center or private school is only as stable as its lease, and families notice when a school moves. For-profit schools, preschools, childcare centers and training providers use SBA 504 loans to own their sites with 10% down and the SBA portion fixed for up to 25 years.
The 504 for Nevada schools and childcare
Classrooms, playgrounds and licensing-driven build-out, financed as one project.
Why schools and centers choose a 504
Enrollment is built on trust in a place. A center that owns its building can plan a decade ahead: playgrounds, classrooms, licensing improvements, without asking a landlord's permission or absorbing a renewal at a number set by the market. And the fixed payment on the SBA portion makes tuition planning honest.
What the money can buy
- An existing building for a school, preschool or childcare center, including conversion of a former retail or office site
- Ground-up construction purpose-built for licensing requirements
- Playgrounds, kitchens, HVAC and safety systems with a long useful life
- Training facilities: trade schools, driving schools, fitness and dance academies operated for profit
- Eligible refinancing of an existing facility mortgage
Who qualifies
The business must be for-profit; non-profit schools aren't eligible for a 504. Some educational facilities may be treated as special-purpose property with a 15% equity requirement; a start-up center puts in 15%, or 20% if the property is special-purpose too. We'll confirm the tier on the first call.
Nevada examples
Nevada schools and childcare operators that own their campus.
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