{meta_title}

SBA 504 Loan Interest Rates

close interest rates

July 2025

25-Year Fixed Rate Standard:
6.377%

25-Year Fixed Rate Refinance:
6.406%

20-Year Fixed Rate Standard:
6.397%

20-Year Fixed Rate Refinance:
6.436%

10-Year Fixed Rate Standard:
6.190%

10-Year Fixed Rate Refinance:
6.226%

Official monthly SBA 504 effective interest rate tables can be found at Eagle Compliance LLC. 25- and 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees, which are subject to credit risk of the applicant.

 

Looking for some help? Call 800.504.LOAN or Email Us

Interest Rates

Servicing the States of Alabama, Florida, and Georgia.

Lending News Archives

25-Year Term Option for SBA 504 Loans Reaches $1 Billion Milestone

Jun 2019

Since its launch last July, the 25-year term option for Small Business Administration (SBA) 504 loans hit a milestone of over $1 billion in fundings this month.

Spread over the longer term, small business borrowers in June took advantage of the lowest ever 25-year full-term effective interest rate of 4.09% (Prime -140 bps). Over the course of the last year, the 25-year effective rate was approximately 4.96% on average, or just 9 basis points above the 20-year fixed rate.

The 25-year option, in addition to 10- and 20-year terms, reflects a face value of $1.04 billion in total lending dollars to date. The lending program marked its first funding in July of 2018 and in its final month of the first-year launch, June 2019 figures indicate a total of 1,289 fixed rate 504 loans to small businesses throughout the country.

The SBA 504 Loan Program provides up to 90% financing at below-market, fixed interest rates and long amortization terms up to 25 years for the purchase of major fixed assets, such as owner-occupied commercial real estate, renovations, new construction, energy efficient “green” initiatives and/or fixed heavy duty machinery and equipment, as well as the refinance of commercial mortgage and other business debt with or without a cash-out option.

Under a typical 504 loan structure, a commercial lending partner provides financing for 50% of the 504 loan and takes a first lien position; Florida First Capital/SBA provides 40% of the project financing and takes a second lien position; and the borrower provides a down payment of just 10% in most cases.

504 loans provide up to $5 million of aggregate SBA eligibility on standard 504 projects; up to $5.5 million per 504 energy efficient green project not exceed $16.5 million in the aggregate; and up to $5.5 million per eligible small manufacturing project with no limit on total SBA dollars available. These are SBA 2nd mortgage loan portions only; there is no limit on overall project dollar size.

For more information about SBA 504 loans in Alabama, Florida or South Georgia, contact a Florida First Capital/First Capital Finance Loan Officer or email us at info@ffcfc.com. Phone: 850.681.3601 or toll-free at 800.504.LOAN.

Archived