504 Rates

Over the last several years, the rate on 504 20-year loans has remained fairly consistent. The fixed rate is great news for businesses in our region. This very attractive rate that, combined with its long term, should contribute to continued strong demand for the 504. Small businesses of all types find that the 504 program is the preferred way to structure their fixed asset needs.

The effective note rate on 10 and 20-year debentures during the past year are as follows:

Date
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
10 Year
 
5.30%
 
5.11%
 
4.67%
 
4.47%
 
4.15%
 
4.50%
20 Year
5.32%
5.22%
5.03%
4.92%
4.94%
4.64%
4.50%
4.51%
4.63%
4.37%
4.54%
4.77%