Logo

SBA LENDING

SBA 504 Lending

Maximize working capital and cash flow with flexible financing terms!

Start or Expand Your Business

As a nationwide preferred SBA lender, LendingClub will work closely with you to evaluate your needs, develop a customized solution, and guide you through the process from start to finish.

Highlights of SBA Lending

  • Multi-use and Special-use Real Estate

  • Start-ups

  • Business Acquisitions (up to $5 million)

  • Franchise Lending

GettyImages-879769472-Man small business owner cafe with laptop-1200px-1024x684
transfer-money-on-phone-blog-Radius compressed-1024x683

Features of the 504 Loan Program

  • National Coverage

  • All Property Types (Assisted Living, Child Care, Limited-Service Hotels)

  • Construction Financing

  • Long-term Fixed Rates Available

Loan Qualifications

  • 10%-20% Equity Injection Depending on Multi-use, Special-use or Start-up

  • 1.15x Debt Service Coverage Ratio Last Full Fiscal Year and Interim

  • Prior Ownership & Management Experience Preferred

  • Minimum FICO = 660

GettyImages-1135324535-1-1024x683

Why Choose LendingClub?

“Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a customer.” 1

- Hayden S.

Read More Reviews
Borrowed
Members
Reviews
What Our Members Say

Get in touch!

Speak with someone from our small business lending team today!

Digital banking, made human.

At LendingClub, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.
interest_rate

Security

We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance

FDIC Insurance

Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.
laptop

Customer Support

Have a question? We're here to help. Reach us by phone or email.
  1. Any reviews presented are individual experiences and results may vary. Reviews are collected and authenticated by Bazaarvoice. Any average rating presented is based on these reviews. All reviews can be accessed at https://www.lendingclub.com/company/reviews.

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

© 2024 LendingClub Bank. All rights reserved.