Current Interest Rates | 20-Year: 4.31% | 10-Year: 4.25% | Refi: 4.35%

5-Year Interest Rate History


Helpful Websites

U.S. Small Business Administration
National Association of Certified Development Companies
Small Business Development Center
SCORE Small Business Counseling

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504 Loan Application

Get the 504 Loan Application process started by downloading our application forms.

504 vs 7(a)

Maximize the 504 and 7(a) Loan Programs by using them both for what they were intended.

Interest Rate History

A look back at the 20-year, 10-year and debt refinance monthly 504 Interest Rates for the past five years.

Quick Qualifiers

If you answer "yes" to these questions, the project will likely qualify for the 504 Loan Program.

Billion Financed in Illinois

Jobs Created or Retained for Illinois

Cost of the Program to Taxpayers

The Results of the 504 Are Amazing

The 504 Loan Program is the U.S. Small Business Administration’s (SBA) most successful economic development tool. It promotes economic development by providing long-term, fixed rate financing to healthy expanding businesses that have the highest probability of increasing productivity, creating new jobs, and successfully competing in their market.

The 504 program makes growth a viable option for small businesses, creating new employment opportunities for the community which otherwise wouldn’t be available. The 504 also offers additional funding to businesses meeting public policy goals such as women, minority, or veteran ownership.

The objectives of SBA’s 504 Loan Program are quite simple: promote economic development, increase job creation and contribute to the growth and expansion of small businesses.

Ready to launch a new project?

877-BEST 504


Central IL Office 217.787.7557   |   Chicago Office 773.880.1455  |  Southern IL Office 618.932.3786


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