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

Online loan application

Bay Colony Development Corp. is pleased to announce that we have developed a completely automated, user-friendly online loan application. Our online loan application intuitively walks you through completing most of your SBA 504 Loan application online, in a familiar wizard-based format.

PLEASE NOTE: At this time we are only accepting applications for projects totalling $125,000 or more.

Click here to start your application online now!

Alternatively, you may download our editable Adobe PDF version of the application below. When you download and open this form, you will be able to interactively fill out your loan application on your computer screen, then print it out and mail or fax it to us.

Download the SBA 504 Loan application in Adobe PDF format (17.2MB)

Download Adobe Reader software (free)
Note: you will need the Adobe Reader software in order to view our PDF loan application.