October 2019
Commercial Lending
It Was a Really Good Run: October 2019 SBA 504 Loan Interest Rate Report

It was sure to happen and it did, this month.  The fixed effective interest rates for Small Business Administration (SBA) 504 loans saw a slight increase over last month, ending 10 consecutive months of declining rates and 4 consecutive months of the lowest rates in the program’s history.  Fret not, as 504 interest rates are still phenomenally low PLUS new reduced program fees for FY 20 have kicked in! Read More

SBA Small Business Lending Reflects Strong Economic Trends

The Small Business Administration (SBA) recently announced FY 19 lending numbers showing that it guaranteed over $28 billion to entrepreneurs that otherwise would not have access to capital to start, grow or expand their small businesses. Read More

The SBA Will Remain Open … At Least for Now

The Small Business Administration (SBA) will remain open through Nov. 21, 2019, under a continuing resolution bill signed recently by the president.  Beyond then is still up in the air. Read More

Ask The Experts
SBA 504 Q&A: Credit: Affiliation Determination

Q: How does the Small Business Administration (SBA) determine affiliation for 504 loans? Read More

Borrower Profile
SBA 504 Loan Helps Keep Shipping Lanes Running Smoothly

Just sit right back and you’ll hear a tale, a tale of a fateful trip, that started from this tropic port, aboard this tiny ship.  A cautionary tale to tell at the least.  If only the Skipper and Gilligan had the services of a premier ocean towing organization, the story would have been much different!  All kidding aside, the professionals at TradeWinds Towing LLC work very hard to keep shipping lanes moving. Read More