SBA Certified Development Company (504) Loan Program
Catalog of Federal Domestic Assistance Number:
Small Business Administration
Applications accepted on an ongoing basis
The 504 Certified Development Company (CDC) Program
provides small businesses with long-term, fixed-rate
financing for major fixed assets, such as land and
buildings. 504 Loans are potential options for healthcare
practitioners who want to build a new office or
expand/renovate an existing medical building.
504 loans may be used for fixed asset projects such as:
- Purchasing land and improvements, including existing
- Grading, street improvements
- Parking lots and landscaping
- Construction of new facilities, or modernizing,
renovating, or converting existing facilities
- Purchasing long-term machinery and equipment
The 504 Program cannot be used for working capital or
inventory, consolidating or repaying debt, or
To be eligible, the business must be operated for profit
and fall within the size standards set by the SBA.
Consult the program
website for specific eligibility requirements.
Begin the process by choosing the Find Lenders
link from the program
Capital funding · Clinics · Healthcare facilities · Hospitals · Infrastructure
For complete information about funding programs, including your
application status, please contact funders directly. Summaries are provided
for your convenience only. RHIhub does not take part in application processes
or monitor application status.