The SBA 504 Loan Program offers three different loan terms, 10, 20, and 25 years. The overwhelming majority of borrowers opt for the 20 and 25-year term which is why we reference those below. The current 10-year pricing is listed on our home page. Should you have questions regarding how interest rates are determined and when pricing occurs don’t hesitate to reach out to firstname.lastname@example.org.
Interest Rate 25 Year: 6.81%
Interest Rate 20 Year: 6.86%
Interest Rate 10 Year: 7.05%
The rate shown above includes all applicable fees and reflects the most recent pricing. For more information contact one of our lending professionals.
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Who Are We?
Southland EDC is a non-profit Certified Development Company chartered to assist the small business community of California. Our mission is to be a resource to small businesses in an effort to foster job creation and retention. Southland offers several different loan programs and technical assistance to aid in this effort.
The 504 program is an economic development program designed to finance fixed assets for small businesses on reasonable terms in an effort to stimulate employment through a job retention and creation goal. Benefits of the program include: low down payment, enhanced cash flow and long term financing at competitive interest rates.
Southland EDC focus is customer service and attention to detail. We understand that as a potential borrower and lending partner you have a number of different CDC’s to choose from. Our goal is to make the process as smooth and efficient as possible.
Kind words from lending partners and customers
The team at Southland EDC was impressive in their hard work to make sure the needs of my company were met and also the needs of the small business community.
Corwyn “Butch” OldfieldCustomer
Professional, trustworthy, and reliable! I can always rely on the team at Southland EDC.
William WangLending Partner
Every person I have worked with has been friendly knowledgeable, professional, and very accommodating. Loans can be stressful, yet the Southland EDC team assisted me with navigating everything with patience, care, and authentic concern. They are true pros!