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 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
10 Year
 
4.51%
 
4.81%
 
4.33%
 
4.59%
 
4.67%
 
4.29%
 
20 Year
4.60%
4.67%
4.63%
4.82%
4.61%
4.58%
4.59%
4.36%
4.26%
4.08%
4.09%
4.09%