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SBA 504 Loan Interest Rates

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June 2025

25-Year Fixed Rate Standard:
6.376%

25-Year Fixed Rate Refinance:
6.405%

20-Year Fixed Rate Standard:
6.395%

20-Year Fixed Rate Refinance:
6.434%

Estimated 10-Year Fixed Rate Standard:
6.204%

Estimated 10-Year Fixed Rate Refinance:
6.252%

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

504 Loan Helps Get Cars, Motorcycles and Dogs Squeaky Clean All in One Convenient Stop

Sep 2013

Washing your car at home is extremely harmful to its finish. Tests conducted by the University of Texas proved that a single home hand-wash can leave scratches in the finish as deep as 1/10 of the paint's total thickness.

Although, the same can't be said about dogs and perhaps motorcycles, there is a new concept in Cape Coral, Florida, that can accommodate a busy family's multiple washing needs safely and all in one location. Welcome to the Downtowner Car Wash.

Owner Jay Montpetit is a veteran of the car wash industry. He started his first car wash in Minnesota in 1983, which has been rated among the top 2% producing car washes in the country. In 2006, he expanded his business to Cape Coral where he acquired one of the only two full-service car washes in the area.

His latest venture, the Downtowner Car Wash, is an express car wash concept that also caters to motorcycle owners and dog owners. The new location offers specialized wash stations and bays for bikers to detail their rides and pet owners to pamper their four legged companions, both trends in the industry that are increasing in popularity among customers.

Montpetit worked with Florida First Capital and the 504 Loan Program to finance the $3.4 million project, which involved the purchase and combination of two commercial property lots, the ground-up construction of buildings to house the necessary equipment and almost $1 million of specialized machinery.

“The 504 Loan Program's ability to finance not only commercial real estate but also industrial machinery and equipment made it the most logical choice for a project of this type that involved such a large mix of the two,” said Alejandro Buitrago, Florida First Capital Business Development Officer for South Florida.

“This combined with the 504 program's below-market fixed interest rate and low down payment requirement beats traditional forms of financing and leasing, ultimately saving the borrower thousands of dollars not only up front but over the term of the 504 loan,” he said.

Visit the Downtowner Car Wash online at www.downtownercarwash.com.

For more information about SBA 504 loans in Florida,contact a Florida First Capital Loan Officer here or email us at info@ffcfc.com. Phone: 850.681.3601 or toll-free at 888.320.5504.

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