June 2017
Commercial Lending
SBA 504 Refinancing: A Tale of Two Programs

This month marks the one-year anniversary of the return of the now permanent Small Business Administration (SBA) 504 Debt Refinancing Program that allows for the refinancing of commercial mortgages as well as other business debt and expenses without the requirement of expansion, which has historically been required. Read More

SBA 504 Loan Interest Rate Report: June 2017

The bonds that funded June’s 20-year Small Business Administration (SBA) 504 loans decreased 7 basis points over last month, keeping the resulting effective interest rate (the all-in cost to a borrower) still close to a low historical level.  Lower for longer has been the case for interest rates so far.  Will it continue?  Frank Keane, fiscal and selling agent for 504 funding securities, comments. Read More

Ask The Experts
SBA 504 Q&A: Collateral Requirement Calculations

Q:  How does the Small Business Administration (SBA) calculate the required minimum fair market value when the 504 loan project has mixed collateral (equipment and real estate)? Read More

Borrower Profile
SBA 504 Loan Helps Money Pages Reach Regional Consumers

Nowadays, the direct-to-consumer media advertising industry is a crowded one.  So, how does a local company compete head to head with the likes of Groupon and Living Social?  Well, ask Alan Worley, President of Money Pages since its inception in 2002. Read More