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February 2024 SBA 504 Funding Rates
February 12, 2024
February 2024 SBA 504 Funding Rates: The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 2bps and 7bps, respectively from the month prior. The 10 year equipment rate remained as-is from January, as it adjusts every two months. Recent SBA 504 Deals from CDC New England:
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January 2024 SBA 504 Funding Rates
January 16, 2024
January 2024 SBA 504 Funding Rates: The real estate 504 rates decreased this month. The 25 year and 20 year rates decreased by 23bps and 19bps, respectively from the month prior. The 10 year equipment rate decreased by 69bps from the last funding, 2 months prior. Recent SBA 504 Deals from CDC New England:
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December 2023 SBA 504 Funding Rates
January 4, 2024
December 2023 SBA 504 Funding Rates: SBA 504 Loans Ruled CRA Eligible: On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act (CRA) regulations. All bank loans made in conjunction with a 504 loan will automatically qualify as economic development and meet the Community Development Financing Test for CRA credit. The bank’s permanent loan and the interim loan will both qualify for CRA Credit. All the more
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BDC Capital Supports Ron Burton Training Village With Annual Meeting Donation
November 27, 2023
November 9, 2023 BDC Capital is a proud supporter of the Ron Burton Training Village (RBTV) in Hubbardston, Massachusetts. The RBTV has a legacy of providing unlimited, life-changing opportunity for youth whose situation and circumstance might inhibit their chance at success. “We have supported the Ron Burton Training Village for many years with both monetary support as well as volunteer time by our employees each spring to prepare the Village for the summer programs,” said Paul F. Flynn, Jr., President of BDC Capital. “It’s a great organization that provides life changing oppo
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November 2023 SBA 504 Funding Rates
November 13, 2023
November 2023 SBA 504 Funding Rates: The new SBA 504 Program Fees have been released for FY 2024. Any loans approved on or after 10/1/2023 will use a servicing fee of 0.364%. The new servicing spread will be 1.464%, a decrease of 0.0765% from FY 2023. The real estate 504 rates decreased this month. The 25 year and 20 year rates decreased by 11bps and 16bps, respectively from the month prior. The 10 year equipment rate increased by 19bps from the last fundi
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October 2023 SBA 504 Funding Rates
October 11, 2023
October 2023 SBA 504 Funding Rates: The new SBA 504 Program Fees have been released for FY 2024. Any loans approved on or after 10/1/2023 will use a servicing fee of 0.364%. The new servicing spread will be 1.464%, a decrease of 0.0765% from FY 2023. The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 33bps from the month prior. The 10 year equipment rate remained as-is from August, as it adjusts every two months.
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September 2023 SBA 504 Funding Rate
September 11, 2023
September 2023 SBA 504 Funding Rate: The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 27bps from the month prior. The 10 year equipment rate decreased by 1bp from the last funding, 2 months prior. Recent SBA 504 Deals from CDC New England: SBA 504 Term Loans: Long-
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August 2023 SBA 504 Funding Rate
August 14, 2023
August 2023 SBA 504 Funding Rate: The real estate 504 rates decreased this month. The 25 year and 20 year rates both decreased by 3bps from the month prior. The 10 year equipment rate remained as-is from July, as it adjusts every two months. Recent SBA 504 Deals from CDC New England: SBA 504 Term
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July 2023 SBA 504 Funding Rate
July 25, 2023
July 2023 SBA 504 Funding Rate: The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 25bps from the month prior. The 10 year equipment rate increased by 104bps from the last funding, 2 months prior. Recent SBA 504 Deals from CDC New England: SBA 504 Term Loans:
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June 2023 SBA 504 Funding Rate
June 9, 2023
June 2023 SBA 504 Funding Rate: The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 31bps 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 England: SBA 504 Term Loans: Long-term
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