SBA 504 Loan Interest Rate Drops Below 5% for Small Business Borrowers
“The Small Business Administration’s (SBA) 504 loan program is providing long-term, fixed rate financing for the purchase of commercial real estate at one of the lowest interest rates since the program’s inception. The SBA’s lending partners, Certified Development Companies (CDCs) are busy working with small business borrowers who are taking advantage of this current low interest rate to purchase or build new facilities.”
With rates this low, small businesses have a prime opportunity to purchase equipment and real estate at a much more affordable rate. And this means that qualified lenders are about to gain from even higher demand for their services. Especially as businesses continue to slowly climb out of the recession, many may take this as their opportunity to purchase much needed resources.
Graduates of Commercial Capital Training Group are at an additional advantage. Through our program, Graduates are personally introduced to SBA 504 lenders who are eager to do business with them. With such close connection to the source of a loan, our graduates are able to efficiently and directly deliver the funds a small business needs.