Most small businesses rely on lenders for capital to start or expand their business. To meet their funding requirements, borrowers often utilize multiple business loan programs. When you partner with us, the total funding package is most often a combination of two loans, one from your commercial lender and a second United States SBA loan through Wyoming Capital Access. Throughout the process you will work with two loan officers, one from Wyoming Capital Access and one from your bank. The loan officers will work together to eliminate duplications of forms and requests for information.

Once you have identified the scope of your small business project, we suggest the following course of action:

SBA 504 Process Guidelines

1. Contact your commercial lender or Wyoming Capital Access to determine if your project fits SBA 504 loan guidelines.
2. Go to Downloadable Forms for everything you need to complete the 504 loan online application, along with a helpful Loan Process Guide.
3. Review the Forms and Loan Process Guide to identify the required information.
4. Click on Online Application to start the application process.  
5. The Wyoming Capital Access loan officer will work closely with your commercial loan officer to analyze your information for underwriting purposes.  
6. Once underwriting is complete, Wyoming Capital Access seeks loan approval from its local credit committee and then from SBA.  
7. The commercial lender initially funds the purchase of the property and any construction.  Once purchase/construction is complete WCA closes and funds the SBA 504 loan, which pays down the bank. 

Call us today with any questions regarding your project, small business financing programs, or the information required to complete the SBA 504 loan application package.