|
President's Remarks
Success Story
Lender's Corner
News Highlights
Employee Spotlight
Partner Page
Loan Approvals
Current Loan Rates
Contact Us
NYBDC.com
|
 |
|
|
|
(as of 03/31/2008)
SBA 504 Program Effective Rates
| 20 Year Term ($1MM+) | ...............6.46% |
| 20 Year Term (under $1MM) | ...............6.91% |
| 10 Year Term ($1MM+) | ...............5.82% |
| 10 Year Term (under $1MM) | ...............6.36% |
|
NYBDC Loan Rates
|
| Loan Purpose |
|
Repayment Term |
|
Current Interest Rates |
|
|
|
|
|
| Working Capital |
|
3 to 5 years |
|
3 Years
4.54% - 5.54% |
|
|
|
|
|
| |
|
|
|
5 Years
5.23% - 6.23% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equipment Acquisition
or Refinance |
|
5 to 10 years |
|
5 Years
5.23% - 6.23% |
|
|
|
|
|
| |
|
|
|
7 Years
5.64% - 6.64% |
|
|
|
|
|
| |
|
|
|
10 Years
6.17% - 7.17% |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Purchase/Construct or Refinance a Building |
|
15 to 20 Years |
|
10 Years
5.72% - 7.02% |
|
|
|
|
|
| |
|
|
|
15 Years
6.52% - 7.82% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Empire Zone Loans |
|
Up to 15 Years |
|
Treasury + 4% (fixed)
Prime + 1% (variable) |
|
Prime Rate is 5.25% |
|
|
|
|
|
|
| |
|
|
|
|
|
