The entire financial services industry, whether commercial, residential or consumer has all seen an increase in interest rates recently. After an unprecedented and sustained low interest rate environment, the Fed signaled they may slow or stop their Bond Buyback Program. The industry responded by raising rates. Hopefully, this reaction sufficiently covered industry concerns and rates […]
The information contained herein was obtained from a variety of sources. At the time of publication/update it was , to the best of our knowledge, an accurate summary of the procedures, terms, and conditions of the Section 504 Loan Program. Since modifications to this program by Congress and the SBA occur from time to time, contact bay Colony for the latest information.
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