Want to maximize recent rate cuts for your business?

Have you heard about the recent Federal Reserve interest rate cuts, and are you wondering how to maximize the potential savings for your business? 

Small business lenders charge a spread on top of the prime rate – that is, the benchmark rate that is based on those set by the Federal Reserve.

We’re excited to announce a reduction in our maximum rate by 1.25%! Our rates now range from Prime + 2.75% to 3.5%, with a potential overall savings of up to 1.25% for borrowers!

“As supply costs and inflation rise, the cost of operating a business is on the upswing,” says Susan Lamping, V.P. of Sales at CDC Small Business Finance. “In order to support our client’s small businesses, we’ve lowered our rates to help keep payments down.”

Contact a loan expert to learn more about how these interest rate cuts can help you!

Note: Rates and terms mentioned in this article are subject to change and contingent on borrowers’ ability to qualify. Consult with a loan officer for more exact information.

If you want to learn more about our Community Advantage loans, watch this video.