Fee Changes for SBA 504 Loans – Effective October 1

SBA has announced fee changes for the SBA 504 Loan Program during Fiscal Year 2019 that will become effective October 1, 2018.     Upfront Guaranty Fee This fee is increasing from zero to .50% for both standard and refinance 504 loans. This fee will be included in the...

How Are SBA 504 Interest Rates Determined?

To understand how SBA 504 interest rates are determined and why they can provide borrowers with tremendous savings, it’s helpful to understand the three-part structure of 504 loans. 504 Loans typically offer 90% financing, with some variances for start-ups or...