JUNE 2023 SBA 504 LOAN RATES
And 504 Loan Program Updates
June 2023 SBA 504 loan rates have been released. Enterprise Funding Corporation provides fixed rate, long-term loans for as little as 10% down. We can help if your business is looking to make major business purchases like real estate or machinery. It's a good time to lock in your fixed-rate financing for 10, 20, or 25 years.
In addition to new rates, we have new rules coming out for the SBA 504 loan program. Many of these changes should streamline and improve parts of the loan application process. Some areas these changes effect:
Change of Ownership
Expect an update from us soon with a breakdown of the changes that most effect you.
Does your small business have debt that you'd like to refinance? There is no better time than now with the new rules that have been announced. SBA debt is eligible. Refinance Rates are:
25 yr refi no expansion: 6.35%
20 yr refi no expansion: 6.40%
10 yr refi no expansion: 6.06%
We can help small business owners all throughout the state of California, but we specialize in the Inland Empire, High Desert, Coachella Valley, and Antelope Valley regions of Southern California.
Visit our FAQ page for more information, apply if you are ready to start your loan journey, or contact us with any questions through our home page.