At Ally Dakota Development, “Your Ally in 504” is more than a tagline—it’s how we approach every SBA 504 project. From the initial financing discussion through SBA approval, closing, funding, and servicing, our team works alongside lenders, applicants, and the SBA to help move projects from concept to completion.
PARTNER with Lenders
Every successful SBA 504 project begins with a strong lending partner. While the lender provides the permanent first mortgage financing, Ally Dakota Development works alongside them to coordinate the SBA 504 portion of the project. Throughout the process, we communicate regularly, coordinate documentation, and help keep the project moving toward closing.
STRUCTURE & PACKAGE the SBA 504 Loan
Every SBA 504 project is unique. Our team evaluates project eligibility, analyzes credit, structures the financing, prepares the SBA 504 loan package, and submits the completed application to SBA for approval. We also coordinate with lenders, applicants, attorneys, title companies, and other professionals involved in the project to help ensure everything comes together successfully.
GUIDE Applicants
Applying for an SBA 504 loan involves gathering documentation, meeting program requirements, and understanding each step of the process. We work directly with applicants to explain the requirements, answer questions, and guide them through the SBA 504 process from application to funding.
CLOSE & SERVICE the SBA 504 Loan
Our work doesn’t end when SBA approves the loan. Ally Dakota Development coordinates the SBA 504 closing and funding process, then continues servicing the SBA portion of the loan for its full term. From funding through final payoff, we’re here to provide ongoing support to both lenders and borrowers.
Whether it’s helping structure financing, guiding applicants through the SBA process, or servicing the loan for years to come, Ally Dakota Development is committed to being Your Ally in 504.