Current Debenture Rates*

20 Year rate: 4.708% (April)
10 Year rate: 3.348% (March)

10-year debentures price every other month. Last updated 4/12. *per NADCO February, 2012.

Historical rates

BC Newswire

504 Temporary Debt Refinance Program: FREE Webinar!

NADCO is hosting a FREE webinar that will cover the 504 Temporary Debt Refinance Program in detail. REGISTER HERE Hosted by our experienced industry instructors, and with participation by key SBA officials, the webinar will be one hour in length, held on Thursday, March 8th, at 1:00 pm Eastern Standard Time. We will cover topics including: Eligibility for refinancing [...]

SBA 504 Projects Funded in January, 2012

HVAC Company in Danvers, MA Project was purchase of real estate Donna McMillan from Eastern Bank was the lender $271,000 purchase price $114,000 Bay Colony contribution 10 new jobs will be created Dental Practice in Brookline, MA Project was for the purchase and renovation of real estate $1,260,000 purchase price; Bay Colony contribution of $511,000 [...]

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Recently Approved Projects

  • Physical Therapist, VT
  • ROA Molding, MA
  • Physical Therapist, RI
  • Hair Salon, MA
  • Manufacturer, MA

More projects

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What's the deal Borrowers can generally obtain 90% financing. Bay Colony's portion is a fixed rate for 20 years. 40% from Bay Colony at a 20-year fixed rate (below market), and 50% from the participating lender at conventional market rates. Learn more.
Who can borrow? Almost all types of businesses are eligible. There are very few exclusions. Review general eligibility requirements or use our online tool to check your eligibility now.
What can the money be used for? Acquisition or improvement (including new construction) of fixed assets with a useful economic life (not depreciable life) of ten years or more . Most projects involve acquisition of owner-occupied real estate, but equipment is also eligible. Almost all soft costs may be financed as well.
How large (or small) should the project size be? The total project cost is $250,000-6,000,000 (up to $10,000,000 for a manufacturer). However, larger projects are eligible.
Why Bay Colony? As a leading provider of SBA 504 Financing since 1981, we are one of the nation’s oldest and most experienced Certified Development Companies. Streamlined processing and fast responses; Client satisfaction is the cornerstone of our core values. Learn more.
What areas do you serve? We serve businesses in all Massachusetts counties, as well as several counties in Vermont, New Hampshire, Rhode Island, and Connecticut. View counties on a map.