Interest Rates
SBA 504 20-Year
Fixed Interest Rate
| June | 2011 | 5.28% |
| July | 2011 | 5.35% |
| August | 2011 | 4.92% |
| September | 2011 | 4.49% |
| October | 2011 | 4.59% |
| November | 2011 | 4.70% |
| December | 2011 | 4.70% |
| January | 2012 | 4.59% |
| February | 2012 | 4.47% |
| March | 2012 | 4.36% |
| April | 2012 | 4.51% |
May: 4.23%
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The 504 Loan Program is designed to help small businesses purchase capital assets such as real estate, improvements, and heavy equipment.
Borrowers are now able to refinance eligible existing Real Estate and Equipment debt up to 90% LTV through the 504 Loan Program!
Learn more on how you can reinvest in your business property with help from the City of Chicago’s Small Business Improvement Fund (SBIF) program.