Increased Funding for Small Business 504 Loans: Guarantee Limit Rises to $15 Billion.
This Act increases the availability of federal loans for small businesses (known as 504 loans), typically used for purchasing real estate or equipment. The annual limit for guaranteed funds rises to $15 billion, making it easier for entrepreneurs to secure financing for expansion or debt refinancing. These changes are temporary and are set to expire in October 2026.
Key points
Increased 504 Loan Availability: The federal guarantee limit for small business loans increases to $15 billion annually.
Greater Access to Capital: Small businesses will have easier access to funding for purchasing fixed assets, equipment upgrades, or refinancing existing debt.
Temporary Provision: The increased funding level and related changes will automatically expire on October 1, 2026.
Status:
Expired
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