California Statewide - Call us at 1-800-348-6258California Statewide - Call us at 1-800-348-6258
What is the SBA 504?
  Planning for Growth

Bringing the right experts together is important to the success of any project. And that’s why it’s important that you have all the information right from the start. That’s where California Statewide can help. As experts in the SBA 504 Loan Program, we can help lay the foundation for a successful loan process.

  • Project discussion
  • Financial capacity review
  • Program overview

As one of the leaders in SBA 504 lending, we have the knowledge to make the financial process faster and easier for all parties.

Financing in Process

  • Required documentation for loan package is collected from the business
  • California Statewide analyzes and organizes documents and information
  • Loan package is completed; business reviews and signs package
  • Loan package is submitted to SBA

California Statewide works closely with your first mortgage lender, escrow officer, broker and CPA to reduce redundancy and streamline the process, ensuring that nothing holds up your needed financing.

Bank Financing Completed

  • Lender approves loan
  • SBA approves loan
  • Environmental and appraisal are reviewed and approved

The lender closes the first escrow. California Statewide records deed of trust. Congratulations! You own your building.

504 Financing Completed

  • A California Statewide attorney works with the business to prepare closing documents for a permanent SBA loan
  • California Statewide attorney submits final closing package to SBA
  • SBA typically funds within 90 days of close of escrow