We all knew it would happen sooner or later. But let’s put rising interest rates in perspective. Looking back 10 years, it’s easy to see today’s SBA-504 rate of 5.23% is historically low. From 2003 to 2008, a rate of over 6% was the norm.
Commercial real estate values remain low. Now is still the time to take advantage of long-term fixed rates offered by the SBA-504 program. So, if you have been on the fence about whether you are able to buy your building or expand your business then now is the time to call. We have loan experts throughout 3 states to serve you. Click here to find one near you right now.
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