Current Interest Rate

Interest Rate

Below market fixed rate. The rate on the SBA 504 portion is set when the SBA sells the debenture to fund the loan. Debenture sales occur monthly for 25-year loans, 20-year loans and bi-monthly for 10-year loans. The rate is then fixed for the term of the loan. SBA 504 Debentures are government guaranteed securities. The effective rate (APR) will include program fees and a loan loss subsidy.

Current Rates

25 Year 20 Year 10 Year
5.88 5.95 6.76

Refinance projects add ~0.0154 to the rate chosen