SBA 504 NOTE RATES

20-year fixed: 2.84%*

10-year fixed: 2.38%**

On most TEDC loans, interest is tied to Prime Rate which is subject to change at any time.

Rates on SBA 504 loans are pegged to an increment above the market rate for five- and ten-year U.S. Treasury issues and are fixed. Current rates are shown above.
 
Fees for loan packaging, application, consulting and other services may also apply; these vary depending on the type and term of the loan. Fee details are provided to the borrower prior to application or closing. In many cases, fees can be built into the loan request.
 
Borrowers may be required to pay a credit report fee of $35 at the beginning of the loan application process.


*Priced monthly. November 2017 last sale. Effective rate with fees is 4.58 for regular program and 4.62 for refinancing program. **Priced every other month. November 2017 last sale. Effective rate with fees is 4.47 and 4.52 for refinancing program.

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