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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

April 2020 SBA 504 Loan Interest Rates Remain at Historic Lows

Apr 2020

The April effective fixed interest rates for Small Business Administration (SBA) 504 loans remain among the lowest in program history, with the majority of rates still under 3%. This marks 11 consecutive months with 504 interest rates under 4% - and for the 20-year rate, that's back-to-back months under 3%.

  • The April 25-year effective interest rate for standard 504 loans is 3.032% and 3.034% for refinance loans.
  • The 20-year effective interest rate for standard 504 loans is 2.960% and 2.962% for refinance loans.
  • The 10-year effective interest rate for standard 504 loans is 2.847% and 2.849% for refinance loans (set bimonthly).

Frank Keane, fiscal and selling agent for SBA 504 program funding securities, commented following the April 9 bond sale:

“While the previously downtrodden stock market rallied, Treasury rates eased back still acting as a safe-haven instrument, but also aware of how much money Treasury will need to print. After seeing spreads gap wider due to credit concerns, markets regained their equilibrium with the original Fed initiative and the TALF program's expansion to include additional product, which helped even more.

“The relative calmness that support provided was beneficial for the 504 program's (April) debenture sale that was well received by investors who participated in the largest monthly sale since July 2013 ($421,208,000). At 1.64%, the 20-year issue was just 15 bps higher than in March, which set the record for the lowest term rate in history,” said Keane.

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 commercial

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.

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