The SBA has introduced two major programs that are changing the way manufacturers finance growth in 2026: the Manufacturer’s Access to Revolving Credit (MARC) program and a limited-time fee waiver for SBA 504 loans.
Together, these programs make it easier for manufacturers to expand, modernize, and strengthen production across the United States.
Why These Programs Matter
Manufacturers make up nearly all U.S. production under NAICS codes 31 through 33. This includes businesses involved in the mechanical, physical, or chemical transformation of materials, substances, or components into new products, such as:
- Durable goods manufacturers: metal, wood, electronic, etc.
- Nondurable goods manufacturers: food, textiles, chemicals, etc.
Yet for many, finding affordable, long-term financing has always been a challenge. The SBA’s Made in America Manufacturing Initiative was created to change that.
Through MARC and the new 504 fee waivers, the SBA is helping manufacturers tackle two long-standing barriers to growth: the high cost of acquiring facilities and equipment, and the limited access to flexible working capital. The goal is to give small and mid-sized manufacturers the support they need to keep production local and competitive.
What Is the MARC Program
Launched on October 1, 2025, the Manufacturer’s Access to Revolving Credit (MARC) program is the SBA’s first lending product designed specifically for manufacturers. It provides both revolving lines of credit and term loans up to $5 million for qualifying small businesses in the manufacturing sector.
Key highlights:
- Maximum loan amount: $5 million
- SBA guaranty: 85% for loans up to $150,000 and 75% for loans above that amount
- Loan term: Up to 20 years (10 years revolving and 10 years term-out)
- Eligible uses: Working capital, raw materials, inventory, production costs, or other operating expenses
- Collateral: Lien on all business assets, excluding vehicles and trading assets
Unlike a standard 7(a) loan, MARC offers long-term liquidity that fits the realities of manufacturing. It helps businesses that need steady access to capital for large contracts, material purchases, and extended payment cycles. For many manufacturers, it’s the stability needed to scale without taking on short-term debt.
For additional details, visit the National Association of Government Guaranteed Lenders (NAGGL).
Understanding the 504 Loan Fee Waiver for FY 2026
Starting October 1, 2025, and running through September 30, 2026, the SBA is waiving both the upfront guaranty fee and the annual service fee for all 504 loans used by manufacturers. The incentive applies to both new loans and refinancing projects through the SBA 504 Loan Program.
These changes make 504 financing one of the most affordable ways to acquire or improve owner-occupied real estate and equipment.
Here’s what that means:
- 0% upfront guaranty fee
- 0% annual service fee for the life of the loan
- Estimated lifetime savings between $37,000 and $76,000, depending on the project
This temporary fee elimination can free up significant cash flow that manufacturers can reinvest into staffing, training, technology, or production improvements.
How MARC and SBA 504 Loan Program Work Together
The SBA designed MARC and 504 to complement each other. The 504 program helps manufacturers purchase or build facilities and acquire equipment, while MARC provides the working capital to keep operations running efficiently once those assets are in place.
For example, a manufacturer could use a 504 loan to buy a new facility and machinery, and then use a MARC line of credit to purchase raw materials, expand inventory, or cover payroll as production increases. Together, these programs create a full financing solution that supports both growth and stability.
If you’re a broker or lender helping manufacturers plan for expansion, combining MARC and 504 can be a smart way to help your clients fund both property and operations while reducing overall costs.
Who Qualifies
To be eligible for these programs, a business must:
- Operate under NAICS codes 31 through 33 (manufacturing industries). You can find your NAICS code on your business tax returns.
- Meet standard SBA size requirements (tangible net worth under $20 million and average post-tax income under $6.5 million)
- Use 504 funds only for fixed assets such as real estate, construction, or long-term equipment
- Demonstrate consistent cash flow and available collateral to qualify for MARC
These programs are open to small manufacturers that contribute to U.S. job creation and strengthen domestic supply chains.
Opportunities for Lenders and Brokers
For lenders, Certified Development Companies (CDCs), and commercial real estate brokers, these initiatives open the door to a stronger manufacturing market.
- Lenders can attract new manufacturing clients with 0% SBA fees during FY 2026.
- CDCs will see increased demand for 504 loans as manufacturers act quickly to lock in savings.
- Brokers gain a valuable closing advantage when helping clients purchase or refinance owner-occupied facilities.
Learn more about how these updates are reshaping lending and real estate opportunities in our related post, SBA Introduces New Loan Program Dedicated to American Manufacturers: What CRE Brokers & Lenders Need to Know.
Looking Ahead
The MARC program is now a permanent part of the SBA’s 7(a) lending portfolio. The 504 fee waivers, however, are only available through September 30, 2026. Once the fiscal year closes, the SBA will evaluate the results to determine whether these savings could continue in future years.
That means the upcoming year is a key window of opportunity for manufacturers, lenders, and brokers to take advantage of reduced costs and long-term financing.
The Bottom Line
The launch of MARC and the 504 fee waiver marks one of the most important investments in small manufacturing in recent history. Together, they lower financing costs, improve access to capital, and help manufacturers grow with confidence.
Manufacturers that plan ahead for 2026 will be best positioned to benefit from these programs, strengthen local operations, and contribute to America’s growing industrial base.
Ready to Get Started? Contact Statewide CDC Today
Statewide CDC helps manufacturers across California, Nevada, and Arizona access SBA 504 financing faster and more efficiently. Our team works directly with lenders, brokers, and business owners to structure projects that qualify for maximum savings and long-term value.Whether your client needs to purchase a facility, refinance equipment, or layer working capital through the MARC program, we can help you navigate every step with confidence. Contact us to learn how these new SBA programs can support your manufacturing projects in 2026.
