SBA 504 Rates Fall to Record Low Again This Year

July 19th, 2010

SBA 504 Rates Fall to Record Low Again This Year

As reported at www.colemanpublishing.com on July 16, 2010:

The 20-year fixed interest rate on U.S. Small Business Administration (SBA) “504” loans for the purchase of commercial real estate fell to 5.21% for July, edging out June as the lowest rate for the loan program so far this year. This is continued good news for small business owners looking to purchase or renovate their existing properties, especially during a time when long-term, affordable small business credit is hard to obtain.