Current Debenture Rates*

20 Year rate: 4.798% (December 2011)
10 Year rate: 3.558% (November 2011)

10-year debentures price every other month. Last updated 12/11. *per NADCO September, 2011.

Historical rates

BC Newswire

New England SBA 504 Loans in November

Theater School in Lynn, MA Project was for purchase of real estate $560,000 total project $203,000 was the Bay Colony portion Ed Lamasney of Eastern Bank was the lender Company anticipates creating two jobs Media Management Company in Salem, MA Project was for purchase of office condo $340,000 total project $141,000 was the Bay Colony [...]

SBA 504 Loans in New England – September Projects

Medical Practice in Auburn, MA Funds were used to purchase and renovation property Project was done in conjunction with George Calameris at Millbury Savings Bank Total project of $1,360,000 – Bay Colony contributed $551,000 Company expects to create 6 new jobs Restaurant in Chestnut Hill, MA Funds were used for leasehold improvements Project was done [...]

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Recently Approved Projects

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

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Section 504
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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.