SBA 504 Loans in Maryland — An Overview
504 Capital provides SBA 504 financing across Maryland, coordinating with the lending partner from structure through closing and servicing for projects tied to owner-occupied real estate and heavy-duty equipment.
Why Choose an SBA 504 Loan in Maryland?
SBA 504 financing helps Maryland businesses secure owner-occupied real estate and heavy equipment with predictable costs and workable equity. It fits well in markets from Baltimore, to Anne Arundel, Prince George’s and the Washington, D.C. metro, Frederick, and the Eastern Shore.
- Fixed interest rate on the SBA 504 piece for 10, 20, or 25 years
- Lower equity than many conventional loans, often about 10% with a first-lien partner.
- Up to 90% financing on eligible projects, with the option to refinance fixed-asset debt.
- Strong fit for medical and dental practices, manufacturers, defense and federal contractors, logistics tied to the Port of Baltimore, and professional services that need room to grow.
Our SBA Lending Services Across Maryland
We finance owner-occupied projects statewide with a documented path from term sheet to closing. Examples include:
- Facility purchase or construction.
- Renovation and expansion.
- Production machinery and equipment.
- Qualified refinance of fixed-asset debt.
Who Should Consider an SBA 504 Loan in Maryland
Businesses that will own and occupy their space, meet SBA size standards, and want predictable, long-term financing to plan growth—especially in Maryland’s mix of port, federal, and research-driven markets—tend to see a strong fit with 504.
SBA 504 Loan Terms & Rates in Maryland
SBA 504 loans offer stable, long-term financing. The fixed rate is set at funding and the first-lien terms come from the lending partner.
- Fixed-rate financing with 10, 20, or 25- year terms.
- Program and funding fees are usually included in the effective rate shown at funding.
- Third-party reports and closing costs vary by project; borrower equity is typically about 10% depending on use and property type.
The Application Process: How It Works in Maryland
Maryland SBA 504 projects follow the following steps:
- Pre-qual and structure: Confirm eligibility, sources and uses, and owner-occupancy; set a document list and dates.
- Package and approve: Collect financials and project docs, order appraisal and environmental as needed, and secure lender credit approval.
- SBA review and authorization: Submit the file, clear any conditions, and receive authorization.
- Close and fund: Coordinate closing, set up draws for construction when applicable, and fund the SBA 504 loan; servicing begins after funding
Maryland SBA 504 FAQs
No. 504 Capital can work with your bank or connect you with active Maryland lending partners.
Owner-occupied real estate, renovation and expansion, heavy-duty machinery/equipment, and eligible refinance.
The rate is fixed for 10, 20, or 25 years and is set at funding. The first-lien rate and term come from the lending partner.