SBA 504 Loans in Louisville, KY
Find lenders offering sba 504 loans in the Louisville, including Jeffersontown, Frankfort, Elizabethtown, and surrounding areas. Compare rates, terms, and programs from 14 lenders.
SBA 504 Lenders Serving Louisville
14 lenders offering sba 504 loans in the Louisville, KY area.
Capital Access Corporation - Kentucky
Local SBALouisville, KY
Purchase Area Development District
Local SBAMayfield, KY
Community Ventures Corporation
Local SBALexington, KY
Live Oak Banking Company
SBAWILMINGTON, NC
One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.
The Huntington National Bank
SBACOLUMBUS, OH
Major regional bank and consistently one of the top SBA lenders in the country by number of loans. Offers SBA 7(a) and 504 loans alongside conventional business lending, commercial real estate, and treasury management services.
U.S. Bank, National Association
SBACincinnati, OH
Fifth-largest commercial bank in the U.S. and a top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, and a full suite of business banking products.
Readycap Lending, LLC
SBABERKELEY HEIGHTS, NJ
Non-bank SBA preferred lender offering SBA 7(a) and 504 loans nationwide. Specializes in commercial real estate, business acquisition, and expansion financing for small businesses. Known for fast closings and flexible underwriting.
Wells Fargo Bank National Association
SBASioux Falls, SD
One of the largest banks in the U.S. and a major SBA preferred lender. Offers the full range of SBA programs including 7(a) and 504 loans, alongside conventional commercial lending, commercial real estate, and equipment financing.
Fifth Third Bank
SBACINCINNATI, OH
Major regional bank and SBA preferred lender with operations across the Midwest and Southeast. Offers SBA 7(a) and 504 loans, conventional commercial lending, equipment financing, and commercial real estate loans.
Cadence Bank
SBATUPELO, MS
Regional bank serving the Southeast and Texas, and an active SBA preferred lender. Offers SBA 7(a) and 504 loans, commercial real estate lending, equipment financing, and full-service business banking.
Grasshopper Bank National Association
SBANew York, NY
New York-based digital business bank offering SBA 7(a) and 504 loans, commercial lending, and innovative banking solutions. Combines fintech convenience with traditional banking for small business owners and startups.
PNC Bank, National Association
SBAWILMINGTON, DE
One of the largest U.S. banks, offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, lines of credit, and comprehensive treasury management. Full-service business banking across the eastern United States.
Wells Fargo
San Francisco, CA
Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.
Alloy Development Co., Inc.
SBACincinnati, OH
Louisville Commercial Real Estate Market
Louisville's commercial real estate market is uniquely shaped by UPS's Worldport at Louisville Muhammad Ali International Airport, the largest automated package handling facility in the world, which has made the metro a top-tier logistics and e-commerce distribution hub. The Bourbon District and NuLu (New Louisville) neighborhood have driven adaptive reuse and mixed-use development east of downtown, while the Hurstbourne Parkway and Shelbyville Road corridors in the East End remain the primary suburban office and retail markets. The bourbon industry's rapid growth has created specialized demand for rickhouse warehousing, distillery tourism facilities, and related production space, particularly in the Urban Bourbon Trail area and surrounding Bullitt and Nelson counties. Humana's headquarters in downtown Louisville anchors the metro's healthcare and insurance employment cluster.
Key Economic Drivers
- ●UPS Worldport at SDF Airport and surrounding logistics and e-commerce fulfillment operations
- ●Humana headquarters and healthcare services employment cluster
- ●Bourbon industry expansion driving rickhouse, distillery, and hospitality CRE demand
- ●NuLu district and Bourbon District adaptive reuse and mixed-use development
Market Insight
Louisville's proximity to UPS Worldport provides next-day air delivery access to nearly every U.S. address, which has attracted over 100 logistics and distribution operations to a five-mile radius around the airport — a concentration of e-commerce fulfillment activity unmatched by any similarly sized metro.
SBA 504 Loans in Louisville, Kentucky
SBA 504 loans provide long-term, fixed-rate financing for major fixed assets like commercial real estate and heavy equipment. The loan is split between a bank (50%), a Certified Development Company (40%), and your down payment (10%), resulting in below-market rates on the CDC portion. In the Louisville metro area, borrowers can access 14 lenders offering SBA 504 financing, including Jeffersontown, Frankfort, Elizabethtown, and surrounding areas. Loan amounts typically range from $125K to $17M with rates from Below market (CDC portion ~5-6%).
Who Should Consider SBA 504 Loans?
- Owner-occupied commercial real estate
- Heavy equipment purchase
- Business expansion
- New construction
Key Requirements
- For-profit business
- Net worth under $15M
- Average net income under $5M (after taxes) for prior 2 years
- 51%+ owner occupancy
- Create or retain jobs (1 per $90,000 CDC)
Advantages
- ✓Only 10% down payment
- ✓Below-market fixed rate on CDC portion
- ✓Long terms (20-25 years for RE)
- ✓No balloon payments
Considerations
- •Must be owner-occupied (51%+ for existing, 60%+ for new construction)
- •Cannot be used for working capital
- •Longer closing timeline
- •Two closings (bank + CDC)
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