504 Rates

SBA 504 LOAN PROGRAM INTEREST RATES

The SBA 504 Loan Program offers a low, fixed-rate based on a debenture bond sale. This occurs once a month for 20-year loans and every other month for 10-year loans.

Interest rates on WBD's 504 loans are set by the market. The interest rate on a borrower’s 504 loan is fixed to the current market rate at the time the SBA sells a debenture bond to fund the loan.

Servicing fees based on principal are rolled into the monthly payment.

The interest rate established by the lender is negotiated directly with the business owner.