Current interest rates for SBA 504 loans as of October, 2022
10-year, standard SBA 504 project
20-year, standard SBA 504 project
25-year, standard SBA 504 project
Previously, 504 debt refinance was only available for complete refinancing of buildings and equipment, or could be used on a limited basis as part of an expansion project. The amount of refinancing that can now be included with an expansion project has doubled. The new rules also allow for refinancing federally guaranteed loans that were used for an eligible project.
For example, businesses that used an SBA 7(a) loan to purchase equipment or real estate can now refinance that debt using the 504 program to enjoy a lower, fixed interest rate.
Business Lending Partners (BLP), in partnership with Fox Communities Credit Union, has assembled an unparalleled lineup of industry experts, entrepreneurs, and business leaders to deliver an event tailored to business owners, the commercial lending community and real estate professionals.
Not only will guests leave with tangible, functional insights and strategies, but this event will offer an entertaining experience to network, collaborate, and enjoy the company of like-minded professionals.
Following the event, guests will enjoy lunch provided by the participating businesses as well as tours of the Impact Sports Academy facility.
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