If you are a business owner looking to purchase or refinance the commercial property your company operates from, an SBA commercial real estate loan is almost certainly your most advantageous financing option. With down payments as low as 10% and long fixed terms, SBA loans are designed to keep capital in your business — not tied up in real estate equity.
SBA 504 vs. SBA 7(a): Which Loan Is Right for You?
| Feature | SBA 504 | SBA 7(a) |
|---|---|---|
| Best For | Real estate and equipment | Working capital + real estate |
| Max Loan Amount | Up to $15 million | Up to $5 million |
| Down Payment | As low as 10% | As low as 10% |
| Max LTV | Up to 90% | Up to 90% |
| Terms | 10, 20, or 25 years | Up to 25 years for real estate |
| Rate Type | Fixed (504 portion) | Fixed or variable |
What Properties Qualify for SBA Commercial Real Estate Loans?
- Office buildings (owner-occupied)
- Warehouses and industrial facilities
- Medical and dental practices
- Retail storefronts
- Manufacturing facilities
- Mixed-use buildings where the owner occupies 51%+
SBA Loan Requirements in Connecticut
- Business must be for-profit and operate in the US
- Owner must occupy at least 51% of the property (existing buildings) or 60% (new construction)
- Business must meet SBA size standards (typically under 500 employees or under $7.5M average annual receipts)
- Personal credit score typically 680+
- At least 2 years in business (some exceptions)
Why Use a Broker for Your SBA Loan?
SBA loans involve multiple layers — the SBA, a CDC (Certified Development Company), and a conventional lender for the first mortgage. Navigating this structure requires experience. Willowbrook Capital manages the entire process, coordinates between parties, and ensures your loan closes on time.
Get an SBA Loan Quote in Connecticut
Call 860.944.4324 or email info@willowbrookcap.com to discuss your owner-occupied commercial real estate financing needs. Read our full Connecticut Commercial Mortgage Guide