Current Debenture Rates*

20 Year rate: 3.80% (July 2010)
10 Year rate: 2.44% (July 2010)

10-year debentures price every other month. Last updated 7/10. *per NADCO July, 2010.

Historical rates

BC Newswire

SBA 504-funded Projects in January

Bay Colony saw a busy start to 2010 with numerous projects obtaining SBA 504 funding. Below are just a few of the projects that we’ve arranged financing for: MLS Sheet Metal Project was for the $470,000 purchase of vicon coil line equipment Company estimates creating 2 new jobs over the next two years Enterprise Bank [...]

New England Small Business Loan Volume sees 93% Increase in FY09

Despite the economic downturn and recession, we’ve had one of our best years to date at Bay Colony!  Our track record of success is proof that New England’s small businesses are thriving and helping bring our country out of the worst economic conditions in recent history.  Check out some of our 2009 statistics: In Bay [...]

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Recently Approved Projects

  • Beauty Supply and Salon
  • Box Company
  • Hotel Expansion
  • Ambulance Facility
  • Lab Equipment Supplier

More projects

SBA 504-funded Projects in January

March 4th, 2010

Bay Colony saw a busy start to 2010 with numerous projects obtaining SBA 504 funding. Below are just a few of the projects that we’ve arranged financing for:

MLS Sheet Metal

  • Project was for the $470,000 purchase of vicon coil line equipment
  • Company estimates creating 2 new jobs over the next two years
  • Enterprise Bank (Patty Wilson) provided the senior financing

Evolution Beauty Supply and Salon

  • Project was for the $448,000 purchase of the building
  • Company estimates creating 4 jobs over the next two years
  • Enterprise Bank (Richard Chavez) provided the senior financing


GF Sales

  • Project was for the purchase and renovation of building for a total cost of $900,000
  • Company estimates creating ten new jobs over the next two years
  • TD Bank (Bayard Read) provided the senior financing


Gooby Industries d/b/a Century Box Company

  • Project was for the purchase of $2,430,500 in equipment
  • Company estimates creating 41 jobs in the next two years
  • Century Bank (Brad Buckley) provided the senior financing


Irinoula Hospitality Group d/b/a Comfort Inn & Suites

  • Project was for the $4.2 million expansion to the hotel
  • Company anticipates creating 7 new jobs over the next two years
  • Berkshire Bank (Bill Davis) provided the senior financing


Nitor Corp.

  • Project was for the construction of a new facility for $664,000
  • Company anticipates creating 3 new jobs over the next two years
  • Bank of Western Mass (Jim Carvalho) provided the senior financing


Pridestar EMS

  • Project was for the construction of $1.8 million ambulance facility
  • Company anticipates creating 15 new jobs over the next two years
  • Lowell Five Cents Savings Bank (Robert Dolan) provided the senior financing

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