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)   

WBD Is Open for Business During
the Government Shutdown

6 Things You Need to Know


WBD employees are not government workers.

WBD is a non-profit, private sector company. While we work closely with the SBA, none of our staff are government employees and our offices are open for business.


We are still working to underwrite and approve loan requests.

We continue to take new loan applications and work with banks and borrowers on underwriting these projects. Our internal approval process remains active. Loans receiving WBD approval will be submitted to the SBA once the government reopens.


504 Loan Fundings for January & February remain on schedule. The Fiscal Agent at the SBA continues to operate.

Loans heading for closing are still being processed at WBD. Our closing staff is still working to make sure loans that are ready to close are in compliance with the Authorization and are still able to submit packages that do not require any SBA modifications.


Our Lender Services are still supporting banks and our trainings will proceed as scheduled.

WBD Lender Services are open and ready to help with your SBA 7(a) questions, packaging and other services. Training events will continue as scheduled.


The SBA 504 loan program is a zero subsidy program.

As debates about government funding continue, know that the SBA 504 program requires no government funds. The program pays for itself in fees.


WBD is a source for information, especially when the SBA is closed.

WBD is "Your Business Finance Resource." Our team speaks SBA and is happy to help with your SBA questions. Reach out to your local loan officer or contact any of our offices if you need some guidance. We are happy to help.

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