August 2025 SBA 504 Interest Rates
25 Year Term 6.23%
20 Year Term 6.25%
10 Year Term 6.17%
The August 2025 SBA 504 debenture pricing occurred on August 7, 2025. The SBA offers a 504 Loan with a 25-year maturity for the acquisition of owner-occupied commercial real estate and related costs. This is in addition to the 10 and 20 year loans currently available in the 504 Loan Program. Loans are typically eligible for up to 90% financing of project costs. Rates include monthly servicing fees to CDC, SBA, and central servicing agent; based on SBA FY25 fees. SBA 504 refi rates are approximately 3 basis points higher than debenture pricing noted above.
A franchise location, while tied to a national or regional brand, is still a small business. It is up to the franchisee to find the necessary capital to open and operate. The U.S. Small Business Administration 504 loan program can be a great option for both new and seasoned franchisee owners. When it comes to the property purchase, buildout, and equipment needed to meet brand standards, entrepreneurs can use an SBA 504 loan to secure long-term, fixed rate financing with less money down.
To learn more about the latest SBA rule updates to franchise financing, check out this article by SomerCor SVP, Michael Piazza, published by the Daily Herald.
SomerCor Charity Golf Outing
The SomerCor First Annual Charity Golf Outing is in the books! This sold out event marked the launch of SomerCor’s participation in the NADCO: National Association of Development Companies VetLoan Advantage Program, a national initiative designed to support military veterans in starting or growing their businesses with the SBA 504 loan.
Thank you to all of our sponsors and golfers for your support. And a special SomerCor shoutout to our board members and staff who made this special day possible!
EVENT SPONSORS: Premier Title, Old National Bank, Wintrust, Brown CPA Group, Ltd., Fifth Third Bank, Signature Bank, Bespoke Commercial Real Estate, InBalance, Alera Group, First Eagle Bank, Merchants Bank, Chase Bank, Mack, Tragos & Hoffman LTD, Pichón, and Cornerstone National Bank.
