More than a 504

4.90%

Equipment 10-year Fixed

5.06%

Real Estate 20-year Fixed

5.19%

Real Estate 25-year Fixed

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Archive for the ‘Uncategorized’ Category

June 2022 SBA 504 Funding Rate

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June 2022 SBA 504 Funding Rate:                   The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% from FY 2021. […]

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BDC Community Capital Corp. Announces Karim Hill as President

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BDC Community Capital Corp. Announces Karim Hill as President BDC Community Capital Corp. is pleased to announce Karim Hill as President. BDC Community Capital Corp. (CCC) is a not-for-profit, U.S. Treasury-certified, community development finance institution (CDFI) that provides capital to minority-owned businesses and to businesses that impact low to moderate income employment opportunities throughout New England. It […]

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May 2022 SBA 504 Funding Rate

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May 2022 SBA 504 Funding Rates:                   The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% from FY 2021. […]

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BDC Capital / CDC New England Announces SBA 504 Business Development Officer

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BDC Capital Corporation is pleased to announce Lauren Angat as our newest SBA 504 Business Development Officer. Dave Raccio, SVP, Managing Director of SBA 504 Sales, stated “Lauren has a strong background working in banking and SBA lending. We’re confident that Lauren will be a great addition to our team in providing fast turnaround and […]

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April 2022 SBA 504 Funding Rates

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April 2022 SBA 504 Funding Rates:                       The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% from […]

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March 2022 SBA 504 Funding Rates

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March 2022 SBA 504 Funding Rates:                     The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% from FY […]

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February 2022 SBA 504 Funding Rates

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February 2022 SBA 504 Funding Rates:                         The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% […]

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January 2022 SBA 504 Funding Rates

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January 2022 SBA 504 Funding Rates:                       The new SBA 504 Program Fees have been released for FY 2022. Any loans approved on or after 10/1/2021 will use a servicing fee of 0.2475%. The new servicing spread will be 1.3475%, a decrease of 0.2042% from […]

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SBA 504 Success Story – GlenPharmer Distillery in Franklin, MA

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Congratulations to our SBA 504 borrower on great publicity from this Boston Globe article! GlenPharmer Distillery in Franklin produces a line of artisan spirits using local ingredients and traditional grains and barley. By Ann Trieger Kurland, Globe correspondent GlenPharmer Distillery in Franklin produces a line of artisan spirits using local ingredients and traditional grains and […]

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CDC New England #1 in CT

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Thanks to All of Our Banking, Business Partners, and Borrowers! CDC New England Awarded the 2021 SBA Eagle Award for the #1 CDC in Connecticut for SBA 504 Loans by Units and Dollar Volume Over the last four years, New England Certified Development Corporation approved SBA 504 loans in Connecticut with the following results: Partnered […]

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