News

October 2022 SBA 504 Funding Rate

November 21, 2022

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:                                   &

August 2022 SBA 504 Funding Rate

August 16, 2022

August 2022 SBA 504 Funding Rate:                           The real estate 504 rates decreased this month. The 25 year and 20 year rates decreased by 13bps and 16bps, respectively 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:                             &nbs

July 2022 SBA 504 Funding Rate

July 2022 SBA 504 Funding Rate:                 The real estate 504 rates decreased this month. The 25 year and 20 year rates both decreased by 8 bps from the month prior. The 10 year equipment rate increased 4 bps from the last funding, 2 months prior.   Recent SBA 504 Deals from CDC New England:                                       SBA 504 Term Loans: Lon

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

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

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

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

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.

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