504 Loan Program


We feature the SBA’s 504 Loan Program and have been certified by the SBA since 1982 to promote, negotiate, package, close and service these loans as a trusted agent for the Small Business Administration.

RDFC’s area of concentration includes seventeen counties in western Pennsylvania: Allegheny, Armstrong, Beaver, Butler, Clarion, Crawford, Erie, Fayette, Forest, Greene, Indiana, Lawrence, Mercer, Venango, Warren, Washington and Westmoreland. We also have SBA authorization
to expand lending operations statewide.

Typical SBA 504 Financing Package

Source of Funds
Project Cost
LENDER
50%
RDFC/SBA
40%
BORROWER
10%
  • Fixed interest rate (below market)
  • 20 year term on commercial real estate
  • 10 or 20 year term on machinery and equipment
  • Subordinate lien on assets financed
  • Minimum equity contribution (10% in most transactions)
  • Most small businesses are eligible

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