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25 Year Debenture Is Here

October 9, 2018
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SBA is accpeting applications for 25 year debentures (loans approved prior to April 2nd are not eligible for the longer term).

 

Highlights include:

  • Third Party Loans for 25 year Debentures must have a minimum term of ten years.
  • Prepayment Premium will still only apply during the first 10 years.
  • Loans will be sold monthly with the first sale being July 2018.

SBA 504 can also accommodate 10 and 20 year debentures.

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