|
Current Interest Rates
SBA 504 Program Effective Rates
20 Year Term ($1MM+).................6.46%
20 Year Term (under $1MM)..........6.91%
10
Year Term ($1MM+)..............6.44%
10 Year Term (under $1MM)........7.23%
|
Loan Purpose |
Repayment Term |
Current Interest Rates
|
|
Working Capital |
3 to 5 Years |
3 Years - 7.43% - 8.43% |
|
5 Years - 7.39% - 8.39% |
|
|
|
Equipment Acquisition
or Refinance |
5 to 10 Years |
5 Years - 7.39% - 8.39% |
|
7 Years - 7.39% - 8.39% |
|
10 Years - 7.40% - 8.40% |
|
|
|
|
|
Purchase/Construct or Refinance a Building |
20 Years
15 Years |
10 Years - 6.90% - 8.20% |
|
15 Years - 7.11% - 8.41% |
|
|
|
|
|
Empire Zone Loans |
Up to 15 Years |
Fixed at funding:
Yrs 1 and 2 - Prime minus 2%
Thereafter - Prime
minus 1% |
|
|
|
Prime Rate is 8.25% |
Interest Rates
effective as of 2-26-07 |
President's Remarks ∙
Lender's Corner ∙
Success Story ∙
News Highlights ∙
Upcoming Events ∙
Employee Spotlight ∙
Partner Page ∙
January Loan Approvals ∙
Contact
Us
Our Success
is Your Success - The process is easy; the possibilities are endless.
|