SBA 504 Loan in Queens
Long-term, fixed-rate financing for major fixed assets. Financing commercial real estate across Queens — from Long Island City, Flushing, Astoria and beyond.
- Rates from
- 7.9%*
- Typical term
- 10–25 years
- Min amount
- $125K
- Max amount
- $20M
SBA 504 Loans for Queens commercial property
The SBA 504 program pairs a bank loan with a CDC (Certified Development Company) loan to finance owner-occupied commercial real estate and large equipment. Borrowers benefit from long, fixed-rate terms and low down payments — often just 10%. It's ideal for established businesses buying or building their own facility.
In Queens, a booming market for multifamily and industrial CRE — from the Long Island City skyline to Flushing and Jamaica. We introduce owners and investors financing these assets to the capital partner covering Queens and SBA 504 deals — no cost, no obligation.
Best for
- Buying your own building
- Ground-up construction
- Large equipment
* Rates and terms shown are indicative and vary by lender, borrower, and property. Not a commitment to lend. Subject to credit approval.
SBA 504 lenders serving Queens
12 lenders in our directory finance SBA 504 deals in Queens.
Bank of Hope
Commercial bank for multicultural communities
A commercial bank (subsidiary of Hope Bancorp) financing purchase and refinance of commercial real estate and construction across multi-family, industrial, office, retail, and mixed-use, plus SBA 7(a) and 504 lending. NYC branches in Manhattan and Flushing.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 2 boroughs
Business Initiative Corporation of New York
SBA-approved Certified Development Company
A Certified Development Company (CDC) authorized by the U.S. Small Business Administration to provide SBA 504 financing. Based in the Bronx and lending across New York State.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- All NYC
Carver Federal Savings Bank
Harlem-founded community bank and SBA lender
A Harlem-founded federal savings bank operating in New York since 1948, with a commercial real estate program for multifamily (5+ units) and mixed-use property, plus SBA 7(a) and 504 lending.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 3 boroughs
Cathay Bank
Chinese-American commercial bank since 1962
A commercial bank founded in 1962 to serve the Chinese-American community, with a commercial real estate and construction program (purchase, refinance, bridge, new construction, mini-permanent) plus SBA 7(a) and 504. Branches in Manhattan, Queens, and Brooklyn.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 3 boroughs
East West Bank
Commercial real estate lender with NYC branches
A large commercial bank whose real estate program offers construction, bridge, and mini-permanent financing for commercial and multi-family property — plus SBA lending — with branches in Flushing, Queens, and Manhattan.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 2 boroughs
PCB Bank
SBA Preferred Lender with a Queens branch
A California state-chartered commercial bank (founded 2003) whose commercial real estate program finances the purchase or refinance of commercial or multi-family property, with a construction program and SBA 7(a) and 504 lending. Branch in Bayside, Queens.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 1 borough
Ponce Bank
Bronx-founded bank, CDFI, and SBA lender
A Bronx-founded bank (1960) and certified CDFI and Minority Depository Institution. Offers commercial real estate loans, construction/development loans, and SBA 7(a) and 504 programs, serving the NYC metro area.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- All NYC
Popular Bank
New York commercial bank and SBA lender
A commercial bank headquartered in New York (a subsidiary of Popular, Inc.) offering real estate lending for multifamily, mixed-use, and commercial property, commercial construction financing, and SBA 7(a) and 504 loans.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- All NYC
Pursuit
Nonprofit small-business lender and SBA 504 CDC
A nonprofit small-business lender founded in 1955; its SBA 504 arm is a Certified Development Company registered with the SBA as Empire State Certified Development Corporation. Offers SBA 504 and SBA 7(a) loans and states it funds NYC businesses across all five boroughs.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- All NYC
Royal Business Bank
Asian-community commercial bank and SBA lender
A commercial bank serving predominantly Asian communities (the surviving brand after acquiring First American International Bank), financing multifamily, hotel, office, and retail — purchase, construction, and refinance — plus SBA 7(a) and 504. NYC branches in Brooklyn, Queens, and Manhattan.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 3 boroughs
Spring Bank
Bronx-based community bank and CDFI
An FDIC-insured community bank headquartered in the Bronx and a U.S. Treasury-certified CDFI. Offers conventional commercial mortgages and SBA 7(a) and 504 loans for owner-occupied, multifamily, and mixed-use property.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- All NYC
Woori America Bank
New York commercial bank and SBA lender
A New York-headquartered commercial bank (since 1984, a U.S. subsidiary of Woori Bank of Korea) whose commercial mortgage program finances multifamily, mixed-use, office, retail, and more, plus SBA 7(a) and 504 lending. Branches in Manhattan and Queens.
- Loan size
- Contact for details
- Rates from
- On request
- Closes in
- Varies
- Coverage
- 2 boroughs