Mon-Fri 8:00am-6:00pm    (512) 433-1175
Email  504loans@txcdc.com
Mon-Fri 8:00am-6:00pm    (512) 433-1175
Email  504loans@txcdc.com

Debt Refinance with eligible expenses

Advantages of SBA 504
Debt Refinance with eligible expenses

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading package integration as well as application management, application outsourcing and business process outsourcing.

More than 25 years of experience working in the industry has enabled us to build our services and solutions in strategy, consulting, digital, technology and operations that help our clients with their trading projects around the world. Capabilities we leverage for our clients include a powerful alliance network with leading capital markets software vendors, and programs such as the FinTech Innovation Lab that keep us at the forefront of innovation. Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting Our Trading helps clients run and transform their front, middle and back-office trading operations.

We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading package.

  • Financing up to 85% of the appraised property value
  • 20% Cash out for eligible business expenses of appraised value
  • Below-market interest rate, FIXED for 25 years, 20 years, or 10 years
  • The ability to consolidate multiple loans

Eligibility Guide

  • A commercial loan or seller financing
  • No loans subject to federal guarantee
  • 100% of Original Loan Proceeds Incurred for Benefit of Small Business
  • Debt incurred not less than 2 years prior to date of 504 application submission
  • Loan must not be more than 30 days past due in past 12 months
  • 15% Injection for Limited or Special Purpose Property
  • 20% Injection for a subsequent Limited or Special Purpose Property

Eligible Business Expenses:

  • Utility bills
  • Rent to unrelated parties (but not to Associates of the Borrower)
  • Real estate or other taxes
  • Payroll and employee benefits such as health insurance
  • Inventory and raw materials
  • Upkeep and maintenance including minor remodeling or improvements
  • Pay off or pay down business line of credit*
  • Pay off or pay down business credit cards*
  • Purchase of new equipment, furniture or other furnishings
  • Other operating expenses The only debt that can be included as Eligible Business Expenses is debt incurred with a credit card or a business line of credit issued in the name of the small business.