SBA 504 Program
Current Fixed Rates (SBA/SEED portion):
Real Estate Loans: (20-Year Debenture as of May 2012)
2.42% (Auction Rate) + 1.96% Servicing Fee)*
4.38% (Effective Rate)
Equipment Loans: (10-Year Debenture as of May 2012)
1.29% (Auction Rate)+ 1.96% (Servicing Fee)*
3.25% (Effective Rate)
*The SBA Servicing Fee varies among agencies and will impact the client’s effective rate. SEED’s Servicing Fee is one of the lowest in the region!
Revolving Loan Fund
5% Fixed with Bank Participation
6% Fixed without Bank Participation
Up to 10 years with options to amortize over longer periods or establish seasonal schedules as needed.
Micro Loan Fund
6% Fixed
Up to six years with the option to establish seasonal schedules as needed.
