August SBA 504 Rates

Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the July, 2024 funding.
The above rates are based on loans approved during FY 2024 ending on 9.30.2024.

Join Us at the Minnesota Small Business Lenders Conference!

We are a proud sponsor of the upcoming Minnesota Small Business Lenders Conference on September 12, 2024. This conference is an essential event for lenders looking to enhance their understanding of SBA loan programs and expand their networks within the industry.

The SBA loan programs are a vital component of any lender’s strategy, offering competitive loans that help businesses grow and thrive. This full day of premier education sessions is tailored to optimize your organization’s participation in SBA’s lending programs. Whether you’re looking to attract new customers or gain insights from SBA program and industry experts, this conference is a must-attend event.

Event Highlights:

Keynote Presentation: Start your day with the latest updates and hot topics from the SBA, delivered by Nick Jellum. Stay informed about the key issues affecting SBA lending today.
Educational Sessions: The conference features a variety of engaging sessions, including:
- An SBA Murder Mystery: Who Killed the Guaranty? A dynamic presentation by Ed Ledford, SBA, focusing on common pitfalls that could jeopardize loan guarantees and how to avoid them.
- 7(a) Guaranty Loan Purchases and Related Hot Topics by Michelle Serrano, SBA, providing critical insights into 7(a) loan processing.
- 504 Breakout Session: Dive deep into 504 loans with expert guidance from our very own Debby Gustafson and a panel of industry professionals.
- Real Estate Evaluations for Community Lenders: Gain a competitive edge in closing costs and speed with insights from Ryan Rehman of Homestat.

Networking Opportunities: The conference is an excellent opportunity to build connections with SBA program participants, lenders, and industry experts. With registration starting at 7:30 AM, you’ll have plenty of time to explore booths and meet fellow professionals.
Lunch and Awards: Enjoy a luncheon featuring a local Minnesota small business speaker, followed by the MN SBA Lender Awards, and an economic update from Tim Melrose of the Minneapolis Federal Reserve Bank.

The 504 Refinance Program offers a strategic opportunity for business growth and financial stability, presenting significant advantages for business owners and commercial lenders.

We look forward to seeing you at this valuable event, where you can enhance your knowledge, network with peers, and optimize your participation in SBA’s lending programs. Don’t miss out on this chance to elevate your lending strategy and better serve your customers.

Date: September 12, 2024
Time: 7:30 AM – 4:15 PM
Location:
Doubletree Minneapolis Airport
2020 American Blvd E,
Bloomington, MN

For more information and to register, visit https://www.minnbankers.com/LendingConf

Contact a TCM Loan Officer today-

Debby Gustafson 651.302.7234
Sheil Nelson 651.302.7226
Mike Kinderman 651.302.7239
Michael Kinninger 651.302.7240

Staff Directory

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Questions about a potential 504 loan?

Our lending staff can be reached at their direct numbers listed below-

Debby Gustafson 651.302.7234 debby.gustafson@tcmcdc.com
Angie Way 651.302.7228 angie.way@tcmcdc.com

Sheil Nelson 651.302.7226 sheil.nelson@tcmcdc.com
Rachel Edgar 651.302.7225 rachel.edgar@tcmcdc.com

Mike Kinderman 651.302.7239 mike.kinderman@tcmcdc.com
Samantha Horab 651.302.7232 samantha.horab@tcmcdc.com
Michael Steck 651.302.7233 michael.steck@tcmcdc.com

Michael Kinninger 651.302.7240 michael.kinninger@tcmcdc.com
Heidi Pautsch 651.302.7227 heidi.pautsch@tcmcdc.com

To reach our main office, please call 651.481.8081 or toll-free at 1.888.481.4504.

About Us
TCM has been a leader in SBA 504 financing since its inception in 1990. TCM provides SBA 504 lending throughout the state of Minnesota and select counties in Wisconsin including Polk, Barron, St. Croix, Dunn, Pierce, Pepin, Buffalo, Treapealeau, and LaCrosse. For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.