Business Financing

Brokers

Partner with us on SBA 504 Loans

Loan brokers are a valued part of our lending team and we want to work with you.

Why partner with us?
  • We’re large enough to be SBA 504 experts and small enough to care about your project.
  • Expertise in originating and servicing SBA 504 loans since 1991
  • Ability to turn loans quickly, fastest underwriting around – ability to accommodate rush projects
  • We can pay referral fees – contact Ryan for additional details
  • We’re a small, but knowledgeable team
  • No hand offs – the loan will stay with the same loan officer from initial application to approval to closing
  • 48-hour prequalification
  • Broker support via phone, text, email and in person
Is your project a fit for us?
  • Is it a for-profit business located in California?
  • Existing business (2+ years of tax returns)
  • Purchasing CMRE
  • Owner-occupied (51%+ on purchased bldg.)
  • Total project costs over $500,000
  • Existing cash flow to cover new debt service (1.25 min)
  • Borrower has the down payment on the PFS or Balance Sheet with enough cash left to cover operations.
  • No gas stations
How to do business with us?
  • Become an approved broker – email Ryan with the following information
    • First name
    • Last Name
    • Company name
    • Email address
    • Phone number
    • Market area (must be in California)
What does SCED do?
  • As a Certified Development Company (CDC), SCED is licensed by the SBA to market, package, submit and service SBA 504 loans in California.
  • On a typical SBA 504 loan, the bank makes a loan for 50% of the project costs and the SBA through CDCs like SCED makes a loan for 40% of the project costs for 90% LTV financing.
  • SCED can find a bank to work on the project.
Marketing Support Provided by SCED
  • SCED Roadmap PDF
  • Application
  • 504 Project Description Sheet
  • SCED/SBA 504 Brochure
  • SCED SBA 504 Presentation
Advantages of the SBA 504
  • Limited cash outlay for the borrower
  • Conserve working capital – 10% down payment
  • Offset interest rate risks – 40% of project tied to fixed rate
  • Extended amortization provides lower monthly payment

Ready To Take Action?

Contact A SCED Loan Expert

Current SBA 504 Loan Rates

10-Year Fixed Rate 4.50%
20-Year Fixed Rate 4.77%
Refinance Rate 4.80%
Loan Rate Pricing Changes Monthly

Business Financing Success Stories

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Julie gives credit to SCED Loan Manager Ryan Richardson for “not just evaluating the numbers, but evaluating me."

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Tsasdi Resort

Lakehead, CA
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“A business development loan provided the financial boost for internally redesigning the machine and eliminating the flaw in the process.”

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Sof-Tek Integrators

Redding, CA
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“SCED really is a huge benefit for businesses owners. It’s just an amazing program.”

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Caterpillar Campus

Redding, CA
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“I knew SCED was working for my success, not just their own bottom line.”

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LPL Financial

Redding, CA
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“SCED didn’t have their own agenda, and they were helpful throughout the entire process. They made it seem so easy.”

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Boundary Waters Screenprinting

Redding, CA
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“How are you supposed to be new and succeed if you don’t change anything?!”

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Signarama

Redding, CA
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“For me, it wouldn’t have been possible without SCED.”

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Action Sports Rentals

Redding, CA
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“An appraisal was done which included improvements, so my loan funded all the remodeling, improvements, new chairs, and computers,” Adelman says.

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Everything Medical

Redding, CA
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“I really wanted to do the right thing for downtown.”

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CPR, Inc.

Redding, CA
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“The biggest challenge to obtaining financing was being a new business,” says Juli, “and fighting the assumption that I didn’t know what I was doing.”

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JR Martin and Associates

Redding, CA
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“SCED meets a critical demand for small business.”

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Know Opportunity

Redding, CA
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“These are specialty-use buildings, so traditional financing… well, banks get a little scared to fund a project like this, even with a lot of collateral.”

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Premier Oil Change

Redding, CA
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“To be honest, we didn’t really do much, SCED did everything.”

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Taylor Made Landscaping

Redding, CA