Wessex 504 Corporation Employee Directory

Financial ServicesIllinois, United States0-1 Employees

Wessex 504 Corporation operates as a Certified Development Company within the U.S. Small Business Administration framework, originating and servicing the 504 loan program to support Illinois businesses. By partnering with the SBA and third-party lenders, the company facilitates long-term, fixed-rate, below-market financing for real estate acquisition or capital equipment, enabling growing businesses to preserve capital and invest in expansion. The program follows a 50-40-10 structure, with a lender financing half the project cost, Wessex 504 providing up to 40% (subject to caps), and the business owner contributing the remaining 10%. This arrangement is designed to create jobs and strengthen communities through affordable financing that includes eligible soft costs in the project financing.

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