The January SBA 504 debenture pricing was competed on January 5, 2023

25 Year Term 6.31%

20 Year Term 6.28%

The SBA is offering 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 FY23 fees. SBA 504 refi rates are approximately 2 basis points higher than debenture pricing noted above

The SBA 504 loan program is a great option for family-owned businesses looking to both build on the growth of previous generations and prepare for the next. Learn how the 504 offers a pathway for family-owned businesses to build equity through commercial real estate, expand operations, and improve cash flow.

SBA 504 loan activity over the first two months of FY23 shows the continued popularity of the program, even without the payment subsidies provided at the height of the pandemic, with 1048 approved loans totaling $1.13 billion in debentures. During times of economic uncertainty and rising interest rates, the 504 can be a great option for your small business clients looking to finance fixed assets with less money down.