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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

  • Collateral Neutral

  • Start-ups

  • Business Acquisitions (up to $5 million)

  • Franchise Lending

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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

  • 1.25x DSC Last Full Fiscal Year and Interim

  • Prior Ownership & Management Experience Preferred

  • Minimum FICO = 660

  • Full Recourse

  • Life Insurance Could Be Required if Deemed Necessary by SBA

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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.”

- Hayden S.

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Speak with someone from our SBA Lending team today!

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Any reviews presented are individual experiences and results may vary. Reviews collected and authenticated by Bazaarvoice. 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.

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