Current Rate - Jun-13
4.53%
20 year rate
%
20 year RFI
3.61%
10 year rate
%
10 year RFI
Jun-13 |
20-year Term: 4.53% |
See rate history
Jun-13 |
20-year Term: 4.53% |
Small businesses are recognized as innovators and employment generators. Their success and growth is critical to the health of America’s economy. However, small businesses sometimes encounter difficulties securing long-term financing at affordable interest rates.
Recognizing an opportunity to provide support, the United States Small Business Administration (SBA) offers businesses, and the lending institutions that partner with them, an additional financing option with the SBA 504 Loan Program.
It is the job of the Economic Development Foundation (EDF) to encourage the use, and service, 504 Loans throughout Michigan.
