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 [...]
Sample Projects
Representative sample of businesses obtaining financing through Bay Colony Development Corp. If you’d like to review the complete list of industries financed by Bay Colony, click here.
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| Cape Cod inn and bistro $800,000 |
Veterinary medical facility $3,800,000 |
Doctor’s office $765,000 |
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| Funeral home $750,000 |
Eye care center in Vermont $980,000 |
Vermont Medical Facility $1,250,000 |
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| Industrial spray equipment $850,000 |
Hardware store $2,000,000 |
Vermont country inn $1,400,000 |
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Coating and laminate services
$750,000 |
Retail scuba equipment
$1,100,000 |
Electroplating services
$1,100,000 |
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Prepared foods manufacturer
$2,500,000 |
Injection molding
$2,600,000 |
Packaging solutions for retailers
$1,500,000 |
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Medical instruments manufacturing
$6,000,000 |