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Loans Last Year
45
Volume Last Year
$42.87M
Average Deal Size
$2.24M
About
Based in Chesapeake, Virginia, 504 Capital Corporation serves small businesses across Virginia, Maryland, Washington, D.C., and North Carolina. The non-profit CDC has financed more than 1,000 small businesses representing $1.3 billion in total project costs, helping create or retain over 10,000 jobs. 504 Capital specializes in SBA 504 loans for owner-occupied real estate, heavy machinery and equipment, and eligible debt refinancing.
Top Industries Served
| Industry | # of Loans | $ Volume |
|---|---|---|
| Hotels | 2 | $7.4M |
| K-12 Schools | 2 | $5.4M |
| Law Offices | 2 | $2.3M |
| Professional Services | 2 | $1.9M |
| Specialty Contractors | 2 | $1.1M |
States Served
MD
NC
VA
Lending across 3 states.
Top Cities (previous yr # of loans)
| # | City | Loans |
|---|---|---|
| 1 | Virginia Beach | 5 |
| 2 | Norfolk | 5 |
| 3 | Yorktown | 3 |
| 4 | Newport News | 2 |
| 5 | Lynchburg | 2 |
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