SBA 504 Rates

As the long winter months have come to an end, rates on SBA 504 loans have begun to thaw as well, making for an opportune time for small business owners to capitalize on an attractive interest rate environment.

The SBA 504 loan is a powerful tool for small business owners seeking to fortify their ventures and stimulate growth. Tailored to promote economic development, this financing option empowers entrepreneurs to acquire fixed assets like commercial real estate, machinery, or equipment. The refinancing of existing (qualified) debt is also an option in many cases.

With its competitive interest rates and extended repayment terms, the SBA 504 loan ensures business stability and fosters job creation, allowing small businesses to thrive in their communities. In essence, the SBA 504 loan serves as a catalyst for entrepreneurial success, enabling small businesses to tap into the resources they need to expand, modernize, and ultimately flourish in an ever-evolving economic landscape.