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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 Recognizes Florida First Capital as the State's Top Loan Producer

May 2019

The Small Business Administration (SBA) has acknowledged Florida First Capital as the top SBA 504 lender in both the North and South Florida Districts for FY 2018. The company was presented 3 of the 4 possible performance awards during the SBA's recent 27th Annual Small Business Week Celebrations.

In the North Florida District, which serves 43 counties and stretches from Orlando to Jacksonville and west through the Florida Panhandle, Florida First Capital received awards for total number of loans and total dollar volume.

Of the 148 SBA 504 loans totaling $128,880,000 produced in the district, Florida First Capital, a nonprofit Certified Development Company (CDC), generated 94 of those loans totaling $86,158,000. The three other CDCs lending in the district produced a combined total of 54 SBA loans worth $42,722,000.

In the South Florida District, which serves 24 counties and runs from Tampa through the Keys, Florida First Capital was recognized for total dollar volume (it missed total number of loans by just 2 deals).

Of the 276 SBA 504 loans totaling $231,183,000 produced in the district, Florida First Capital generated 119 of those loans totaling $115,065,000. The three other CDCs lending in the district produced a combined total of 157 SBA loans worth $116,118,000.

The company was also Florida's FY 18 top lender among all SBA lenders statewide (504 and 7(a) programs) for a third year in a row and is on track to outpace itself over last year. It is also currently ranked #2 nationally among all active Certified Development Companies.

Florida First Capital wishes to thank its 504 commercial lending partners as well as congratulate its sales team.

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.

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