SBA 504 NOTE RATES

●20-year fixed: 2.92%*

●10-year fixed: 1.58%**

      

On most Creative Capital loans, interest is tied to Prime Rate which is subject to change at any time.

Rates on SBA 504 loans are pegged to an increment above the market rate for five- and ten-year U.S. Treasury issues and are fixed. Current rates are shown above.

Fees for loan packaging, application, consulting and other services may also apply; these vary depending on the type and term of the loan. Fee details are provided to the borrower prior to application or closing. In many cases, fees can be built into the loan request.

All borrowers must pay a credit report fee of $35 at the beginning of the loan application process.

 

  *priced monthly - December 2011 last sale; 5.15% effective rate with fees
**priced every other month - November 2011 last sale; 4.20% effective rate with fees