September 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 September, 2024 funding. The above rates are based on loans approved during FY 2024 ending on September 30, 2024.

SBA 504 Loan Rates Drop to Lowest Levels Since September 2022

We are excited to see the continuing downward trend in SBA 504 loan rates. As of September 2024, 504 loan rates have fallen to their lowest levels since September 2022. With the 25-year rate now at 5.77% and the 20-year rate at 5.83%, this marks a significant decrease from earlier in the year, providing a more favorable borrowing environment for businesses looking to expand or invest in new assets.

These lower rates present a unique opportunity for small business owners to lock in long-term, fixed-rate financing for real estate, equipment, or other capital expenditures. For commercial lenders, this is an excellent time to engage with clients who may be considering new projects, as the stability and affordability of the SBA 504 program make it an ideal financing option. If you have clients interested in learning more or are ready to take advantage of these competitive rates, we are here to assist you.

Qestions? Contact a TCM Loan Officer today

Debby Gustafson

Sheil Nelson

Mike Kinderman

Michael Kinninger

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.

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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, Trempealeau, and LaCrosse. For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.