August SBA 504 Rates

Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the July, 2023 funding.

Lending Direction

Though SBA 504 rates have risen significantly over the past two years in response to the Federal Reserve’s battle against inflation, the program remains highly competitive and often provides an advantageous lending solution.

Let’s look at the numbers: The prime lending rate currently stands at 8.5%. While partnering with TCM on an SBA 504 loan would provide a 25-year fixed rate at just 6.55% as of this month’s funding. This difference can translate to substantial savings for a small business borrower over the long run.

Our tagline, “Lending direction since 1990”, isn’t just a phrase; it’s a testament to our dedication in assisting businesses towards the best lending options available. Our journey since 1990 has been nothing short of incredible, and we owe a major part of our success to our trusted small business borrowers and lending partners.

Thank you for being a part of the TCM family. If you have any questions or need further direction on our lending solutions, please don’t hesitate to reach out. Together, we can map the course to a successful future.

Contact a TCM Loan Officer today-

Debby Gustafson 651.302.7234
Sheil Nelson 651.302.7226
Mike Kinderman 651.302.7239
Michael Kinninger 651.302.7240

Staff Directory

Questions about a potential 504 loan?

Our lending staff can be reached at their direct numbers listed below-

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

To reach our main office, please call 651.481.8081 or toll-free at 1.888.481.4504.

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