Current Debenture Rates*

20 Year rate: 4.14% (May)
10 Year rate: 3.18% (May)

10-year debentures price every other month. Last updated 5/13. *per NADCO

Historical rates

BC Newswire

504 Rates at Historic Lows and Welcome to our New Underwriter

In December 2012, the 20 year “all-in” fixed rate for 504 loans fell below 4.0% for the first time in the history of the program.  Also, the 10 year rate, which adjusts every two months, is at a record low, hovering just above 3.05%.  It is a great time to use the 504 program. In [...]

SBA 504 Projects Approved in December 2012

$539,000 Real Estate Purchase in Southern, NH by a Construction Supply Company $550,000 Purchase and fit-out of Veterinary Hospital in Topsfield, MA $503,00 Project to install Solar Panels on an owner-occupied building in Worcester, MA $1,100,000 purchase and fit-out of a commercial building for a computer consulting firm $2,000,000 purchase of a facility for a [...]

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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: September 2009 – present