A US Small Business Administration (SBA) 504 loan can be used to purchase owner-occupied commercial real estate or fixed assets. The funds can be used to remodel, expand or acquire property as well as purchase equipment. Your bank can finance up to 50% of the cost and SBA will finance up to 40% of the cost, leaving as little as 10% to be covered by the borrower. SBA 504 loans are only available through a Certified Development Company like TxCDC. TxCDC is here to facilitate and promote the SBA 504 loan program to contribute to the economic development of Texas.