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SBA 504 Rates
SBA 504 June Effective Rate Falls to 5.86%
The 20-year 504 rates announced Today (6/14/2005)
are:
Effective Rate: 5.86%
First Five Years:
5.75%
Note Rate: 4.64%
Debenture Rate:
4.57%
The 10-year 504 rates are:
Effective Rate: 6.13%
Note Rate: 4.67%
Debenture Rate: 4.51%
| Congress Supports Record 504 Growth |
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On June 7th, the House passed the SSJC
Appropriations bill for FY06. Included in this bill was an
increase of the 504 program level authority to $6.0
billion, ensuring more than adequate 504 availability
through 2006.
Read on... »
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| Immune to Rate Hikes, 504 Loans Help Make Healthy Medical Practices |
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Financial health is as important to a medical
professional as physical health is to his/her patients.
The more cash in the bank and the lower the loan
payment (especially if the rate is fixed), the better a
practice can serve its patients. Strong financials are
just as important to a medical practice as they are to
any business.
Full Text... »
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| Check the S.O.P: 504 Q&A |
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Q - Is there a way for a 504 loan borrower to
avoid paying a prepayment fee for the early
termination of the loan?
Read the answer... »
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SBA News:
SBA Announces Size Standards Public Hearings |
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The U.S. Small Business Administration announced a
schedule of 11 public hearings that will take place
across the country to get input from small business
owners on how to improve the agency's size standards
regulations, which are used to define the size of small
businesses.
Link to SBA Press Release and Schedule »
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| A Windfall for 504 Borrowers: 504 Rates Fall Again! |
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SBA 504 effective rates have declined over the past
two months, contrary to a continued rise in the Fed
Funds rate, which is used as an index for all short-term
interest rates. The result - a windfall to 504 borrowers.
More Info...
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