The SBA 504 Loan Program is designed to help small businesses finance the purchase of commercial real estate and capital equipment for as little as 10% down with a fixed interest rate.
Current Interest Rates
20 Year Fixed - 4.931 %
10 Year Fixed - 4.169 %
Colorado Lending Source is a Certified Development Company, authorized by the US Small Business Administration to package, close, service and liquidate SBA 504 loans.
The SBA 7(a) loan program can be used by small businesses to finance “a variety of general business purposes”. Most commonly the program is used to finance working capital, but it can also be utilized to finance commercial real estate acquisitions.
These loans are available to small businesses through banks. Colorado Lending Source is not a bank so we are not authorized by the SBA to administer the SBA 7(a). However, we are available to help banks and small businesses package these loans.
Colorado Lending Source is a private, nonprofit, economic development organization with a mission is to foster the economic growth of diverse small businesses within our communities.
For the past twenty years, Colorado Lending Source has helped over 1,800 of Colorado’s small businesses receive SBA 504 loans for their commercial real estate and capital equipment purchases. This has resulted in the creation and retention of 16,656 jobs, with an investment of $2.317 billion in the state of Colorado. In 2009, we partnered with 94 loan officers at 61 financial institutions in the state to provide small businesses with access to the SBA 504 loan program.
Colorado Lending Source provides FREE monthly webinars to help you learn the basics of the SBA 504 Loan Program. You can sign up to receive email updates about these webinars by entering your email address in the "Join Our Mailing List" box to the right.
We are also available to provide personalized trainings for you at your bank or business.
There are many organizations in the state of Colorado that exist purely to help small businesses get started, grow, and explore financing options. There are a number of Small Business Development Centers and SCORE offices throughout the state that have counselors available and hold workshops to help you with every aspect of starting, running, and marketing a business. Colorado also has some incredible micro-lenders who provide small loans to help you take that first step. You can use the "Resources" tab above to learn more about some of these organizations.