504lending.com

February 2026- SBA 504 Rates

Even Lower Rates for Manufacturers: 5.59% fixed for 25 years

SBA Refinance Rates Slightly Higher

TCM Lender Appreciation

Thank you to everyone who makes our work possible!

We are incredibly grateful for the continued collaboration and dedication of our participating lenders and everyone who joined us last week to celebrate these outstanding achievements. A special thank you to business owner Benjamin Loehrer of Los Campeones Gym for sharing his inspiring growth story, a powerful reminder of what strong partnerships can accomplish. We’re also proud to congratulate Northeast Bank on being named our Lender of the Year. Their commitment to supporting small businesses through the SBA 504 program exemplifies the impact a true partnership can have. We look forward to building on this momentum together in 2026 and beyond.

Finally, thank you to all of our bank partners, lenders, and community collaborators whose ongoing support and trust make our mission possible every day—we couldn’t do this work without you.

Upcoming Connect Calls

Save the date and join us on an upcoming connect call!

504 Connect Quarterly Update- 3:00 p.m. Eastern

Quarterly Call for CDCs, Third Party Lenders, and SBA Staff

2026 Schedule: March 10th, June 9th, Sept 8th, Dec 8th

Click the link below to subscribe/register for the call!

Subscribe to SBA OCA 504 Loan Program Newsletter
 

Meet Your Expert Team

We’re here to support you in making the most of the 504 loan program—for both your clients and your team. Whether you want to explore a project idea or talk through a deal structure, feel free to reach out by phone or email anytime.

 

Debby Gustafson 

651.302.7234 debby.gustafson@tcmcdc.com
Angie Way 

651.302.7228 angie.way@tcmcdc.com

Sheil Nelson

651.302.7226 sheil.nelson@tcmcdc.com
Rachel Edgar 

651.302.7225 rachel.edgar@tcmcdc.com

Mike Kinderman

651.302.7239 mike.kinderman@tcmcdc.com 
Samantha Horab

 651.302.7232 samantha.horab@tcmcdc.com
Michael Steck

 651.302.7233  michael.steck@tcmcdc.com

Michael Kinninger 

651.302.7240 michael.kinninger@tcmcdc.com 
Heidi Pautsch

 651.302.7227 heidi.pautsch@tcmcdc.com

About Us

TCM has been a leader in SBA 504 financing since its inception in 1990. TCM provides SBA 504 lending throughout the state of Minnesota and select counties in Wisconsin including Polk, Barron, St. Croix, Dunn, Pierce, Pepin, Buffalo, Trempealeau, and LaCrosse.

For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.