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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.

 

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Interest Rates

Servicing the States of Alabama, Florida, and Georgia.

Lending News Archives

SBA 504 Loan Helps Formulate Healthy Profits

Nov 2015

Just as the human body requires nutrients and vitamins to thrive, the small businesses that provide those essential building blocks also require sustenance and support.

To those in the know, Metabolic Nutrition has been a household name since 1987. Metabolic Nutrition's parent company IQ Formulations, whose high quality health and supplement products are sold at pharmacies, vitamin stores and online, has grown from just two employees and $100,000 in sales in 2010, to 47 current employees with $20 million in projected sales for 2015, according to Jay Cohen, the company's president and CEO.

The company, which is based in Tamarac, Florida, was named one of the fastest growing private companies in the United States by Inc. Magazine for 2015, ranking at 572 nationally. Continuing its rapid expansion, IQ Formulations grew by more than 800% over the past three years, earning it a spot on the renowned Inc. 5000 list for the second consecutive year.

When IQ Formulations was in the market for a new warehouse/office facility, Cohen worked with Florida First Capital and the Small Business Administration (SBA) 504 Loan Program to secure financing for the $4.1 million, 35,563 square-foot expansion project.

“This new facility has allowed IQ Formulations to expand in the most efficient way possible to deliver products to their wholesale partners that are vital to their business,” said Alejandro Buitrago, Florida First Capital Vice President and BDO for the Miami-Dade Area.

The structure of an SBA 504 loan maximizes the preservation of working capital that can serve to bolster other more fluid parts of a businesses' operations. By allowing for a minimal down payment, 10% in most cases, cash is made available for general expenses, thereby allowing for a more rapid response to changing market conditions.

Another benefit of the 504 loan program is the ability to capitalize on the equity created by the transaction that will allow for further expansion as needed. The 504 program does not limit the number of loans that can be held by a borrower, but does have an aggregate lending limit on the SBA 2nd mortgage portion of standard and public policy projects of $5 million per borrower. There is no limit on overall project size.

Visit IQ Formulations online

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

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