Do you offer ground-up construction or non-owner-occupied investment loans for manufacturing?

No. We currently support acquisition and refinance of owner-occupied facilities only.

Manufacturing Facility Loans

Q: Can SBA 504 be used to buy an owner-occupied manufacturing facility?

Yes. We fund acquisitions when the operating company will occupy at least 51% of the property.

Buy, Expand, or Refinance Your Manufacturing Facility

Finance up to 90% of your project with an SBA 504 loan built for owner-operators — to acquire, modernize, or refinance the plant, factory, or production campus your business runs on. Get a soft quote in 1–2 business days

Apply for a Loan →Schedule a Call

Woman working on a laptop in a manufacturing lab with electronic components and wiring around her.

Since 2002 · $6.5B+ Funded · $1B AUM

Financing the Real Estate Behind What You Make

Small and mid-sized manufacturers need capital that keeps pace with demand, new equipment, and shifting supply chains — without tying up the cash the operation runs on. AVANA finances the industrial real estate behind that growth: plants, factories, and production campuses, structured so owning your facility strengthens the business instead of straining it.

Keep Capital in the Operation

Own your plant with SBA 504 — lock in long-term occupancy costs and free up working capital for equipment, staff, and supply chains

We Underwrite the Operation

Plants, factories, and production campuses — we read operating performance and cash flow, plus the SBA compliance generalists stumble on

Straight, Fast Answers

A soft quote in 1–2 business days from a team that closes hotel deals

The Loan Program

Photo of mechanical arms working on a manufacturing line

SBA 504 Manufacturing Loan Program

A long-term, fixed-rate solution that can finance up to 90% of project costs for eligible owner-occupied facilities. SBA 504 is well-suited for:

Acquiring an existing plant, factory, or production campus.
Expanding or modernizing an owned facility.
Refinancing qualifying existing debt tied to industrial real estate.

Explore SBA 504 Program →

Key Terms & Structures

Rates and structures vary depending on loan type and borrower qualifications

Loan Sizes

Up to approximately $18MM, covering a full range of commercial SBA 504 projects for manufacturing facilities.

Terms

SBA 504 debenture: up to 25 years, providing long-term, fixed-rate financing.
AVANA’s first-lien portion: typically up to 10 years, structured to complement the SBA piece and align with projected cash flow.

Leverage

Finance up to 90% LTV (or total project costs) for qualifying owner-occupied manufacturing properties that meet SBA standards and occupancy thresholds.

Pricing

Pricing is tied to CMT or Treasury benchmarks, with program-specific spreads that reflect risk, sponsorship, and project characteristics.

Underwriting Focus

Strong historical operating performance.
Demonstrated ability to service debt from ongoing operations.
Project costs and uses that fit within SBA 504 guidelines and manufacturing eligibility requirements.

Use of Proceeds

Manufacturing facility loan proceeds can be used to

Acquire an owner-occupied plant, factory, or production campus.

Refinance existing debt on a manufacturing property, including qualifying cash-out where permitted under SBA 504 rules.

Fund property improvements and build-outs, such as production line reconfiguration, facility expansions, energy-efficiency upgrades, and other eligible renovations tied to the real estate.

Institutional Capital Behind Your Deal

Through the AVANA–Oaktree Private Credit Partnership, we bring institutional-grade bridge capital to experienced industrial and manufacturing sponsors — pairing AVANA's sector underwriting with Oaktree's private-credit platform to sharpen pricing and accelerate funding on expansions and transitional plays.

Hotel entrance with large pillars, palm trees, and evening lighting under blue sky.

A Streamlined Process

We make financing simple, transparent, and fast from application to funding

Submit Application

Submit your application with pre-qualification documents. We’ll review and issue a soft quote within 1-2 business days

Review

We review initial documents and confirm loan structure and key terms. If the deal meets criteria, we issue a Letter of Intent with proposed terms

Approval & Terms

We complete underwriting and order third-party reports as needed. Credit team issues final approval when complete (timing can vary)

Closing & Funding

We prepare final loan documents, open escrow, and coordinate closing. Funds are released once closing requirements are met

Proven Success Stories

We’ve helped businesses across industries

Featured

38-Unit Multifamily in Newark, NJ

Loan Purpose:

Cash-Out Refinance

Asset Class:

Multi-Family

Loan Amount:

$5,450,000

Featured

The Hotel Majestic in San Fancisco, CA

Loan Purpose:

Cash-Out Refinance

Asset Class:

Hotel

Loan Amount:

$5,500,000

Frequently Asked Questions

Find answers to common questions

Can SBA 504 be used to buy an owner-occupied manufacturing facility?

Yes — that's exactly what the program is built for. To qualify, your operating company needs to occupy at least 51% of the property, and the plant, factory, or production campus becomes the collateral. Because the loan is secured by real estate you use to run your business, it's structured for long-term stability rather than a short investment hold.

Can SBA 504 refinance existing debt on a plant or factory?

Yes. Eligible owner-occupied facilities can be refinanced under SBA 504, subject to program guidelines.

Can renovation, build-out, or expansion costs be included?

Yes. Improvements tied to an eligible acquisition or refinance can be rolled into the project — including production-line reconfigurations, facility expansions, and other property improvements. That lets you finance the building and the upgrades it needs in a single loan instead of piecing together separate financing.

What does AVANA look at when underwriting my loan?

Three things drive the decision: strong historical operating performance, a demonstrated ability to service the debt from operations, and project costs that align with SBA 504 guidelines. In short, we want to see that the business behind the building can comfortably support the loan — we underwrite the operation, not just the address.

What kinds of manufacturing properties qualify?

Owner-occupied plants, factories, and production campuses — the industrial real estate your business actually operates in. If your operating company occupies at least 51% of the space, it's a candidate.

How fast will I hear back, and what happens next?

Ready to Finance Your Facility?

Ready to move your project forward? Complete a short online form to share your property details, capital needs, and timing.

Apply for a Loan →Schedule a Call ↗

Insights

May 28, 2026

When the SBA Process Gets Complicated, You Need a Lender Who Has Been There Before



Education

May 5, 2026

White Paper: How Credit Unions Can Serve the Real Estate Financing Needs of Younger Business Owners



Education

April 3, 2026

What Kills a Multifamily Deal Late in the Process and How Brokers Can Prevent It



Education

Our Team

About Sanat Patel

As Chief Lending Officer at AVANA Companies and Chair of the Board at AVANA Bank, Sanat Patel brings more than three decades of experience in financial services, private credit and commercial banking, with a proven track record in loan structuring, risk management, and balance sheet growth. Sanat has led strategic initiatives that connect institutional capital with entrepreneurial ambition, supporting the growth of businesses, and owners engaged in commercial real estate across the U.S. He has built and scaled lending platforms in partnership with banks and credit unions, developing tailored financial solutions that drive job creation and foster inclusive economic development.

Sanat Patel

Chief Lending Officer