SBA 504 Loans with 4.51% Rates

The SBA debentures are selling for 4.51% right now. On an SBA 504 loan you could get a 4.51% fixed rate for 20 years. If you plan on purchasing business real estate and occupying at least 51% now is a great time to do it. I have never seen interest rates this low. The bank rates for these loans are low to mid 5% range as well. Call me today to see if you will qualify for these great long term rates.

We recently closed a loan where the borrowers purchased the building they were previously leasing under an SBA 504 structure. These borrowers secured their bank rate at 4.9% and the SBA rate was 4.51%. Everyone at the closing table was shocked at the pricing and that the loan was issued in light of the current economy. This was a great win for all involved in the loan. If you have ever considered purchasing commercial real estate, now is the time to make it happen.

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