Cressida Capital arranges SBA 7(a) and SBA 504 loans from $500K to $15M for small business owners buying or refinancing owner-occupied commercial real estate, through a nationwide network of national, regional, and community bank partners.
SBA financing suits small business owners who occupy the majority of the property they’re financing and want lower down payments, longer amortization, and more flexible underwriting than a conventional bank loan allows. Cressida Capital’s network of partner banks provides creative loan structures designed to preserve cash flow across business types and geographies nationwide.
An SBA 7(a) loan is a general-purpose government-guaranteed loan that can cover real estate, equipment, and working capital in one facility. An SBA 504 loan is structured specifically for fixed assets like owner-occupied commercial real estate, typically split between a bank loan and a lower-rate certified development company (CDC) debenture.
SBA financing typically allows down payments as low as 10%, meaning financing up to 90% of the project cost, compared to the 25-35% often required by conventional commercial bank loans.
SBA loans are available for owner-occupied commercial real estate, including office, retail, industrial, medical, hospitality, and other business-use properties. The business must occupy at least 51% of the property.
Timelines vary by lender and deal complexity, but working through Cressida Capital’s network of partner banks typically speeds up underwriting compared to applying directly at a single bank.