News

May 2023 SBA 504 Funding Rate

May 31, 2023

May 2023 SBA 504 Funding Rate:   The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 14bps and 12bps, respectively from the month prior. The 10 year equipment rate decreased by 74bps from the last funding, 2 months prior.   Recent SBA 504 Deals from CDC New England:                                     SBA 504 Term Loans: Long-term loans for purchasing land and buildings, new c

April 2023 SBA 504 Funding Rate

April 2023 SBA 504 Funding Rate:                       The real estate 504 rates decreased this month. The 25 year and 20 year rates both decreased by 45bps and 38bps, respectively from the month prior.  The 10 year equipment rate remained as-is from March, as it adjusts every two months.   Recent SBA 504 Deals from CDC New England:                                

March 2023 SBA 504 Funding Rate

March 13, 2023

March 2023 SBA 504 Funding Rate:                     The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 30bps and 35bps, respectively from the month prior. The 10 year equipment rate increased by 34bps from the last funding, 2 months prior.   Recent SBA 504 Deals from CDC New England:                                  

February 2023 SBA 504 Funding Rate

February 21, 2023

February 2023 SBA 504 Funding Rate:                       The real estate 504 rates decreased this month. The 25 year and 20 year rates both decreased by 30bps 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:                               SBA 504 Term Loans: Lon

January 2023 SBA 504 Funding Rate

January 25, 2023

January 2023 SBA 504 Funding Rate:                       The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 20bps and 25bps, respectively from the month prior. The 10 year equipment rate decreased by 11bps from the last funding, 2 months prior.   Recent SBA 504 Deals from CDC New England:                               SBA 504

CDC New England SBA 504 CT Lender of the Year!

December 20, 2022

CDC New England - SBA 504 CT Lender of the Year! CDC New England received an award for “SBA 504 Loan Lender of the Year” (dollar volume) from the U. S. Small Business Administration's Connecticut District Office. Our SBA 504 lending team was present to receive the award during the SBA's annual meeting on December 13th. We are proud to receive this outstanding award again and are honored to be able to serve bankers and the small business community in Connecticut!  

December 2022 SBA 504 Funding Rate

December 12, 2022

December 2022 SBA 504 Funding Rate:                       The real estate 504 rates DECREASED this month. The 25 year and 20 year rates both decreased by 42bps from the month prior. The 10 year equipment rate remained as-is from November, as it adjusts every two months.   Recent SBA 504 Deals from CDC New England:                               SBA 504 Term Loans: L

November 2022 SBA 504 Funding Rate / Donations to Veterans Organization

November 21, 2022

November 2022 SBA 504 Funding Rate:                     The real estate 504 rates increased this month. The 25 year and 20 year rates both increased by 9bps from the month prior. The 10 year equipment rate increased by 114bps from the last funding, 2 months prior. Recent SBA 504 Deals from CDC New England:                                       SBA 504

October 2022 SBA 504 Funding Rate

October 2022 SBA 504 Funding Rate:                       The new SBA 504 Program Fees have been released for FY 2023. Any loans approved on or after 10/1/2022 will use a servicing fee of 0.4405%. The new servicing spread will be 1.5405%, an increase of 0.193% from FY 2022. The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 97bps and 99bps, respectively from the month prior. The 10 year equipment rate remained as-is from September, as it adjusts every two month

September 2022 SBA 504 Funding Rate

September 21, 2022

September 2022 SBA 504 Funding Rate:                     The real estate 504 rates increased this month. The 25 year and 20 year rates increased by 47bps and 45bps, respectively from the month prior. The 10 year equipment rate increased by 37bps from the last funding, 2 months prior.   Recent SBA 504 Deals from CDC New England:                                   &