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Business Expansion Funding Cor

Charlotte, NC 28210

SBA Certified Development Company
1,072
Loans Approved
$876.8M
Total Volume
$818K
Avg Loan Size
4
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants
  • Child Day Care Services
  • Hotels (except Casino Hotels) and Motels
  • Limited-Service Restaurants
  • General Automotive Repair

Quick Summary

Business Expansion Funding Cor is an SBA-certified Certified Development Company (CDC) headquartered in Charlotte, North Carolina. Since 2010, they have approved 1,072 SBA 504 loans totaling $876.8M, with an average loan size of $818K. They serve businesses across 4 states.

About Business Expansion Funding Cor

Business Expansion Funding Cor is an SBA-certified Certified Development Company (CDC) headquartered in Charlotte, North Carolina. Since 2010, they have approved 1,072 SBA 504 loans totaling $876.8M, with an average loan size of $818K. They serve businesses across 4 states.

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Frequently Asked Questions

What does Business Expansion Funding Cor do?

Business Expansion Funding Cor is an SBA-certified Certified Development Company (CDC) based in Charlotte, North Carolina. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Business Expansion Funding Cor handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Business Expansion Funding Cor approved?

According to SBA FOIA public records, Business Expansion Funding Cor has approved 1,072 SBA 504 loans totaling $876.8M since 2010. Their average loan size is $818K.

What states does Business Expansion Funding Cor serve?

Business Expansion Funding Cor serves businesses in 4 states: Florida, North Carolina, South Carolina, Virginia.

How do I apply for an SBA 504 loan through Business Expansion Funding Cor?

To apply for an SBA 504 loan through Business Expansion Funding Cor, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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