Qualify Now

diagram_prequalifyAre you a business owner interested in owning your own facilities and equipment through the assistance of an SBA 504 loan? To determine if you are eligible, you must meet the standard pre-qualification criteria as shown to the right. You can also use our interactive qualification form to determine if you are ready to take the next steps below. If you have any questions, please contact TxCDC.

Your loan will consist of 50% financing from your lender, 40% financing from the Small Business Administration’s 504 Loan Program/TxCDC and between 10-15% from owner investment, depending on the length of time you have owned the business. TxCDC can assist you in locating a lending partner (bank) if you do not already have one.


Other alternatives available. Please check with your local lender.
You may be eligible for a 7(a) loan. Details on SBA.Gov website.
Other alternatives available. Please check with your local lender.
SBA will require an additional 5% owner's investment in your project.
Great you will not need to provide any additional owner’s investment in your project.
Occupancy requirements for new construction are 60%
Occupancy requirements for existing buildings are 51%
Your company is considered a new business by SBA. SBA will require an additional 5% owner's investment in your project.
Great! You may qualify for only 10% owner's investment.

Great, you're almost ready!

Please review this checklist and contact us at loans@txcdc.com or at 1-800-486-8620.

Please note: Because there are some exceptions concerning "for profit" businesses, please see the information below to determine if your business is ineligible for a SBA 504 loan.

Ineligible Businesses
Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending, or where the owner is on parole. Specific types of businesses that are not eligible for SBA 504 loans include:

  • Real estate investment firms, when the real property will be held for investment purposes as opposed to loans to otherwise eligible small business concerns for the purpose of occupying the real estate being acquired.
  • Firms involved in speculative activities that develop profits from fluctuations in price rather than through the normal course of trade, such as wildcatting for oil and dealing in commodities futures, when not part of the regular activities of the business.
  • Dealers of rare coins and stamps.
  • Firms involved in lending activities, such as banks, finance companies, factors, leasing companies, insurance companies (not agents), and any other firm whose stock in trade is money.
  • Pyramid sales plans, where a participant’s primary incentive is based on the sales made by an ever-increasing number of participants. Products such as cosmetics, household goods and other soft goods lend themselves to this type of business.
  • Firms involved in activities that are against the law in the jurisdiction where the business is located. These activities include the production, servicing or distribution of otherwise legal products that are to be used in connection with an illegal activity, such as selling drug paraphernalia or operating a motel that permits illegal prostitution.
  • Gambling activities, including any business whose principal activity is gambling. While this precludes loans to racetracks, casinos, and similar enterprises, the rule does not restrict loans to otherwise eligible businesses, which obtain less than one-third of their annual gross income from either the sale of official state lottery tickets under a state license, or legal gambling activities licensed and supervised by a state authority.
  • Charitable, religious, or other non-profit or eleemosynary institutions, government-owned corporations, consumer and marketing cooperatives, and churches and organizations promoting religious objectives.