More than a 504

2.49%

Equipment 10-year Fixed

2.92%

Real Estate 20-year Fixed

3.11%

Real Estate 25-year Fixed

News

  • October 2021 SBA 504 Funding Rates

    October 12, 2021

    October 2021 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. The real estate 504 rates decreased this month, as a result of the new FY 2022 servicing spread. The 25 year and 20 year rates decreased by 2 bps and 4 bps, respectively from the month prior. The 10 year equipment rate remains as-is from

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  • September 2021 SBA 504 Funding Rates

    September 2021 SBA 504 Funding Rates:                     The new SBA 504 Program Fees have been released for FY 2022. Beginning on October 1st, 2021, 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. The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 11 bps from the month prior. The 10 year equipment rate increased by 8 bps from the month prior. Recent SBA

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  • BDC Capital / CDC New England Announces Promotion of David Raccio

    September 16, 2021

    BDC Capital Corporation is pleased to announce the promotion of David Raccio to Senior Vice President, Managing Director of Sales. Raccio will lead a team of business development officers located throughout New England with a focus on SBA 504 loans through BDC Capital’s affiliate company, CDC New England, an SBA 504 Certified Development Company. “Dave has shown a strong ability to work effectively with bankers and borrowers while navigating the SBA guidelines”, says Paul F. Flynn, Jr., President & CEO of BDC Capital. “Dave will continue CDC New England’s success as the only

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  • August 2021 SBA 504 Funding Rates

    August 11, 2021

    August 2021 SBA 504 Funding Rates:                       The new SBA FY 2021 504 Program Fees are now effective for loans that are approved as of October 1st, 2020. The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 5 bps from the month prior.  The 10 year equipment rate remains as-is from July, as it adjusts every two months.   Recent SBA 504 Deals from CDC New England:              

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  • July 2021 SBA 504 Funding Rates

    July 2021 SBA 504 Funding Rates:                      The new SBA FY 2021 504 Program Fees are now effective for loans that are approved as of October 1st, 2020. The real estate 504 rates continued to decreased this month. The 25 year and 20 year rates both decreased by 7bps from the month prior. The 10 year equipment rate decreased as well by 2bps from the month prior.   Recent SBA 504 Deals from CDC New England:                

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  • June 2021 SBA 504 Funding Rates

    June 17, 2021

    June 2021 SBA 504 Funding Rates:                 The new SBA FY 2021 504 Program Fees are now effective for loans that are approved as of October 1st, 2020. The real estate 504 rates continued to decreased this month. The 25 year and 20 year rates decreased by 5bps and 8bps, respectively from the month prior. The 10 year equipment rate remains as-is from May, as it adjusts every two months. Recent SBA 504 deals from CDC New England:    SBA 504 Term Loans: Long-term loans for purchasing land and buildings, n

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  • SBA 504 Success Story – Kaitlyn Szczupak

    September 25, 2020

    BayCoast Bank worked with Nancy Gibeau, our RI market business development officer, on this amazing loan to a woman-owned small business. Nancy mentioned "From the moment I met her and throughout the entire process, she impressed me---organized, professional, customer service oriented and focused---is how I would describe this remarkable young lady.” Our team is happy to have been a part of this amazing story and wish her continued success! One of CDC New England’s borrowers, Kaitlyn Szczupak, defied all odds and was named the Rhode Island Entrepreneur of the Year by the Small Busine

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  • No Questions Asked!!!

    April 28, 2020

    SOME GOOD NEWS! Many of our 504 borrowers are helping the community deal with the COVID-19 crisis. We want to share their stories. CDC New England SBA 504 Borrower:  Christopher's Café and Catering Lynn, Massachusetts     No questions asked!!!    Christopher's Café and Catering of Lynn, Massachusetts is a hometown favorite for breakfast, lunch, and outstanding off-premise catered events.  As a strong supporter of local artists and the community, the Café was recently featured on the New England television program Chronicle for mentoring and employing people with

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  • SBA 504 Success Story – Babin Landscaping

    April 16, 2020

    Landscaper Secures SBA 504 Loan for Expansion CDC New England SBA 504 Borrower:  Babin Landscaping, Pepperell, MA   . Babin Landscaping of Pepperell, MA Secures SBA 504 Loan for Expansion . CDC New England provided Babin Landscaping with an SBA 504 loan to acquire real estate and equipment for a relocation of the business. . Babin Landscaping is a family owned and operated business specializing in residential landscaping, serving greater Massachusetts and Southern New Hampshire. The services provided include property maintenance, ornamental pool and perennial flower ga

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  • Time To Make Face Masks!

    SOME GOOD NEWS!  Many of our 504 borrowers are helping the community deal with the COVID-19 crisis. We want to share their stories. CDC New England SBA 504 Borrower:  Standard Modern Company, Inc. New Bedford, MA Holding 6-foot social distancing sticks and signage . Time to make face masks!    . Standard Modern Company, Inc. is a woman-owned commercial printer based in New Bedford, Massachusetts. . The company continues to operate as an essential services business during the Covid-19 crisis due to their healthcare, transportation, and public service printing contracts. Fl

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