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Wessex 504 Corporation

Arlington Heights, IL 60004

SBA Certified Development Company
250
Loans Approved
$167.9M
Total Volume
$672K
Avg Loan Size
1
States Served

States Served

Illinois

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • Limited-Service Restaurants
  • Full-Service Restaurants
  • All Other Specialty Trade Contractors
  • Landscaping Services

Quick Summary

Wessex 504 Corporation is an SBA-certified Certified Development Company (CDC) headquartered in Arlington Heights, Illinois. Since 2010, they have approved 250 SBA 504 loans totaling $167.9M, with an average loan size of $672K. They primarily serve Illinois businesses.

About Wessex 504 Corporation

Wessex 504 Corporation is an SBA-certified Certified Development Company (CDC) headquartered in Arlington Heights, Illinois. Since 2010, they have approved 250 SBA 504 loans totaling $167.9M, with an average loan size of $672K. They primarily serve businesses in Illinois.

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Frequently Asked Questions

What does Wessex 504 Corporation do?

Wessex 504 Corporation is an SBA-certified Certified Development Company (CDC) based in Arlington Heights, Illinois. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Wessex 504 Corporation handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Wessex 504 Corporation approved?

According to SBA FOIA public records, Wessex 504 Corporation has approved 250 SBA 504 loans totaling $167.9M since 2010. Their average loan size is $672K.

What states does Wessex 504 Corporation serve?

Wessex 504 Corporation primarily serves businesses in Illinois.

How do I apply for an SBA 504 loan through Wessex 504 Corporation?

To apply for an SBA 504 loan through Wessex 504 Corporation, 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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