504 Loan Program

Cornerstone Small Business Lending partners with a Certified Development Company (CDC) to offer SBA 504 loans. These loans provide long-term, fixed-rate financing to small businesses for fixed assets such as equipment or real estate purchase including ground up construction.

Program Highlights

  • Larger projects - Up to $5,000,000
  • Terms - 20 to 25 year
  • Debenture loans up to $5,000,000
  • Conventional loans up to $4,000,000
  • Potential combined loan size of $9,000,000
  • Fully amortizing - no balloons

Use of Proceeds

  • Purchase, construction or renovation of owner-occupied commercial real estate
  • Business acquisition with real estate
  • Franchise acquisition with real estate
  • Equipment purchase
  • Refinancing available on eligible commercial mortgage loans

USDA Loan Program Overview

Cornerstone Bank Partners with USDA (United States Department of Agriculture) to improve, develop, or finance business, industry, and employment to improve the economic environment climate in rural communities. Loan amount is up to $10 million.


Who May Borrow

  • All Owner Occupied Businesses

Use of Proceeds

  • Real Estate (50% occupancy)
  • Equipment
  • Inventory
  • Leasehold Improvements


Cornerstone Bank Small Business Capital Group