504 Rates

Over the last several years, the rate on 504 20-year loans has remained fairly consistent. The fixed rate is great news for businesses in our region. This very attractive rate that, combined with its long term, should contribute to continued strong demand for the 504. Small businesses of all types find that the 504 program is the preferred way to structure their fixed asset needs.

The effective note rate on 10 and 20-year debentures during the past year are as follows:

Date
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
10 Year
3.82%
3.76%
 
3.77%
 
4.50%
 
4.59%
 
4.89%
 
20 Year
4.84%
4.95%
4.72%
4.61%
4.75%
5.14%
5.59%
5.52%
5.64%
5.90%
5.94%
6.07%
5.74%