Interest Rates
(for projects approved in FY 2019)

  20 Yr Debentures Approved in FY2019  
  Effective Rate: 4.926%  
  Refi Effective Rate: 5.308%  
  (Approved in 2018)   
  25 Yr Debentures Approved in FY2019  
  Effective Rate: 4.990%  
  Refi Effective Rate: 5.357%  
  (Approved in 2018)   

(Click above for full PDF)

WBD 2018 Annual Report

WBD wrapped up Fiscal Year 2018 as the 9th most active CDC in the country, delivering about $110 million in financing to businesses! Look at our new Annual Report to see how WBD is helping support a full range of financial tools to support businesses with needs from $500 to tens of millions. Also, see the impressive results we continue to get in the service of our mission to grow businesses, create jobs and build communities. Finally, check out to see what industries are hot and which banks were most active in 504 lending across our service area. A Big THANK YOU to all of our lending and economic development partners who helped make all of this possible.


WBD gives back at the holidays!
Led by employees from across the WBD service area, and matched by the company, efforts to raise money to support a variety of food banks was a huge success. This year’s efforts raised thousands of dollars, enough money to provide 13,110 meals to people in need. 

What a wonderful group of people we have here at WBD!
Thank you so very much!


Annual Seminar Series Dates Set


WBD Staff and leadership will once again hit the road in early 2019 to host a series of seminars to help educate lenders on the 504 program, SBA updates and more. This year’s events will include more of a look into the WBD commercial portfolio (one of the largest in WI) to provide insights into what is hot, what is not and what we have learned from working with thousands of businesses.

These events will run from 1:30 – 4:00 and each one will be followed by a Customer Appreciation Happy Hour. New this year – these events are FREE!


WBD takes to the radio
Spreading the word about how the 504 program can help business is one of our primary goals. Provide us an opportunity to get on the radio and we will take it! Here are a couple of recent WBD radio appearances:

Steve Kohl, VP and Loan Officer with Dr. Dave Borst on WTMJ in Milwaukee talking about the SBA. Special thanks to our partners at WaterSone Bank for inviting us!

Matt Wilcox, VP and Loan Officer discusses the SBA 504 loan and the process with 504 veterans Melissa Fairchild of Tailwaggers Doggy Day Care and Adam Lange of BLC Community Bank on the Biz Talk Radio Program on WHBY in the Fox Cities.


A new monthly feature that will provide you with an idea of the kind of projects WBD is supporting with the 504 loan. Each month we will provide a description of the projects that funded the prior month. Here are some of the projects we funded in October/November.

Banquet Hall
Purchase of facility to house business
Project Amount
504 Amount
  Custom Countertop Manufacturer
Construction of an addition onto existing building
Project Amount
504 Amount
Eau Claire
Construction of a new facility
Project Amount
504 Amount
  See all projects funded in October/November >

* Jobs created or retained

WBD, Inc.
Direct: 608-819-0390
Toll Free: 800-536-6799
4618 South Biltmore Lane  |  Madison WI 53719 |