Big Sky Economic Development News

First Time Ever: SBA 504 Loan Program’s 20-Year Fixed Rate* Dips Below 4% for Borrowers, a Milestone Low-Rate in Program’s 33-Year History

Jul 01, 2019

SBA 504 interest rates hit an all-time low in the program’s history for the month of June!  The 20-year effective rate was 3.98% for the June debenture sale.  Furthermore, the 25-year effective rate for loans funded in June was 4.09%.  These rates are fixed for the term of the loan, providing SBA 504 borrowers with known certainty what their monthly debt service payment will be for the life of the loan, with no concern of an increase!  Now is a great time to be looking at the SBA 504 loan program offered through Big Sky Finance for your owner-occupied, commercial real estate of equipment financing needs!

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