BSIDE CAPITAL logo

B:Side Fund SBA 504 Loans

BSIDE CAPITAL

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

B:Side Fund SBA 504 Loans

Overview: SBA 504 financing for small businesses through B:Side Capital, a Certified Development Company (CDC) and Lender Service Provider.

Program Focus: Direct loans to small businesses for permanent job creation or retention

Geographic Scope: Colorado, New Mexico, Utah, Arizona

Eligibility Requirements:

  • Size Test: Business must be deemed "small" by SBA size definition (by industry or alternative standards)

  • Purpose Test: Loan proceeds must promote permanent job creation or retention for low- or moderate-income individuals or in specific census tracts. Loans made in conjunction with a CDC presumptively qualify

  • Retail Lending Test: Any size loan to a small business with $1 million or less in gross annual revenues
  • Loan Components:

  • Interim and permanent third party loans available

  • Can be used for real estate, equipment, and business acquisition
  • CRA Credit: As of April 1, 2023, any bank loan tied to the SBA 504 program automatically qualifies as economic development, meeting the Community Development Financing Test for CRA credit

    Organization: B:Side Capital is a Certified Development Company (CDC) since 1990

  • Over 5,000 small business loans funded

  • Over 33,000 jobs created

  • $9.06 billion injected into the economy
  • Contact:

  • Phone: 303.657.0010

  • Email: hello@bside.org

  • Address: 3350 Brighton Blvd, Suite 235 Denver, CO 80216

  • Lending Team Contact: Available through lender portal
  • How to Apply

    Application Process

    1. Submit Loan Application – Contact B:Side Capital or submit through Lender Portal
    2. Provide Documentation – Current financial statements for business and personal
    3. SBA Approval – Project reviewed and submitted for SBA approval
    4. Loan Closing – Upon approval, proceed to closing

      Required Materials

    • Business financial statements
    • Personal financial statements
    • Business plan
    • Tax returns
    • Collateral documentation (typically deed of trust on property being purchased)
    • Corporate documents (business licenses, lease agreements, operating agreements, incorporation documents)

      Collateral Requirements

    • For SBA 504 loans, collateral is often a deed of trust on the property being purchased
    • Must notify lender if planning to sell collateral during loan life to discuss replacement collateral

    Focus Areas & Funding Uses

    Fields of Work

    small-businessescommunity-development

    Categories

    Browse similar grants by category

    Related Grants

    Similar grants from this funder and related organizations

    Ready to apply for B:Side Fund SBA 504 Loans?

    Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.