Enterprise Development Corporation
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Lenders... The Security of Partnership

Partnering with Enterprise Development offers a number of advantages, including:

  • Manage overall lending limits and industry exposure:  Smaller banks can entertain larger projects and larger banks can limit their exposure to certain industries.
  • Mitigation of credit risks:  Lenders have a first lien position and typically a 50% loan-to-value ratio, minimizing collateral risk.
  • Assist more customers:  Leverage lending capacity across more borrowers and diversified default risks.
  • Gain new customers:  504 loans are designed to finance growth companies and are often the basis for long-term lending relationships
  • Active secondary markets:  There is an active market for 504 mortgage loans.
  • Strengthening core earnings:  90% financing means that more of the customer's funds remain on deposit.
  • CRA credit:  Banks using the 504 are eligible for Community Reinvestment Act (CRA) credit.



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One of the biggest advantages of the 504 Loan Program is the partnership that develops between the lender and Enterprise Development....partnerships that expand over time into relationships that benefit everyone involved.
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The 504 Loan Process

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