SBA 504 Program
Current Fixed Rates (SBA/SEED portion):
Real Estate Loans: (20-Year Debenture as of May 2013)
2.10% (Auction Rate) + 2.04% (Servicing Fee)*
4.14% (Effective Rate)
Equipment Loans: (10-Year Debenture as of May 2013)
1.14% (Auction Rate)+ 2.04% (Servicing Fee)*
3.18% (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
Up to six years with the option to establish seasonal schedules as needed.