More than a 504

4.90%

Equipment 10-year Fixed

5.06%

Real Estate 20-year Fixed

5.19%

Real Estate 25-year Fixed

News

  • June 2022 SBA 504 Funding Rate

    June 13, 2022

    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. The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 7 bps from the month prior. The 10 year equipment rate remained as-is from May, as it adjusts every two months.   Recent SBA 504 Deals from CDC New

    Read More
  • BDC Community Capital Corp. Announces Karim Hill as President

    May 11, 2022

    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 is an affiliate of BDC Capital Corporation. Paul F. Flynn Jr., President & CEO of BDC Capital, stated "We’re excited about Karim joining us to spearhead the gro

    Read More
  • May 2022 SBA 504 Funding Rate

    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. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 44bps and 45bps, respectively from the month prior. The 10 year equipment rate increased by 112 bps from the month prior.   Recent SBA 504 Deals from CDC

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

    May 3, 2022

    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 clear communications for SBA 504 loans." Lauren Angat joined BDC as Vice President, Business Development Officer in 2022 after a seven year career in banking with TD Bank. While working for TD Bank, Lauren gained experience with Small Business, Commerci

    Read More
  • April 2022 SBA 504 Funding Rates

    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 FY 2021. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 76bps and 86bps, respectively from the month prior. The 10 year equipment rate remained as-is from March, as it adjusts every two months.

    Read More
  • March 2022 SBA 504 Funding Rates

    March 31, 2022

    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 2021. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 33bps and 31bps, respectively from the month prior. The 10 year equipment rate increased by 75bps from the month prior.   Recent SBA 504 Deals

    Read More
  • February 2022 SBA 504 Funding Rates

    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% from FY 2021. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 38bps and 39bps, respectively from the month prior. The 10 year equipment rate remains as-is from January, as it adjusts every tw

    Read More
  • January 2022 SBA 504 Funding Rates

    January 13, 2022

    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 FY 2021. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 20bps and 19bps, respectively from the month prior. The 10 year equipment rate increased by 28 bps from the month prior.   Recent

    Read More
  • SBA 504 Success Story – GlenPharmer Distillery in Franklin, MA

    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 barley. Owners Patrick and Beth Downing founded the distillery three years ago and are pharmacists, owned a pharmacy and have the profession woven into their family history — hence the name. Patrick’s backgro

    Read More
  • CDC New England #1 in CT

    December 15, 2021

    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 with 41 Banks and 95 Loan Officers 147 Approvals for $232,000,000 Total ($131,000,000 Banks, $101,000,000 SBA 504) Average project size $1,578,000 Project size from $99,000 to $12,000,000 Substantial impact on economic development within the

    Read More