Current Debenture Rates*

20 Year rate: 4.798% (January 2012)
10 Year rate: 3.618% (January 2012)

10-year debentures price every other month. Last updated 1/12. *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

More projects

Historical Rates

The SBA 504 Loan Program offers a low, fixed rate based on a debenture bond sale. This occurs once a month for 20-year loans and every other month for 10-year loans.

Interest rates on Bay Colony’s 504 loans are set by the market. The interest rate on a borrower’s 504 loan is fixed to the current market rate at the time the SBA sells a debenture bond to fund the loan.

Servicing fees based on principal are rolled into the monthly payment.

The interest rate established by the bank/first mortgage is negotiated directly with the business owner.

20-Year debenture rates: November 2006 – present