CTCIC/SBA 504 Eligibility & Requirements
CTCIC staff has extensive experience working with the SBA and the SBA 504 Loan Program – the quickest and easiest way to determine if your business and your project meet program eligibility requirements is to contact CTCIC. At the end of a phone conversation, we should be able to determine if the CTCIC/SBA 504 loan is the best financing solution for your business or whether one of CTCIC’s other loan programs is an option.
IMPORTANT INFORMATION ABOUT IDENTIFICATION PROCEDURES WHEN OBTAINING A SBA 504 LOAN
To help the government fight the funding of terrorism and money laundering activities, Federal law requires that CTCIC obtain, verify, and document information that identifies each person who applies for a CTCIC/SBA 504 Loan.
What this means for you: CTCIC will ask for your name, address, date of birth, and other information that will allow us to identify you. We will ask to see your driver’s license or other identifying documents.