I’m pleased to announce that the 20-year effective fixed interest rate for Small Business Administration (SBA) 504 Commercial Loan program has fallen to its lowest point in history — 4.69%! This new record low rate is a huge incentive that ought to urge small business owners to invest in their businesses by purchasing buildings and equipment. SBA 504 Loans offer low, long-term, fixed interest rates (fixed for 20 years, by the way). These features are hugely beneficial for business owners who want to own their commercial property. When you factor in the lowest rate in the history of this loan program, this really becomes an amazing opportunity that deserves careful consideration.
These loans are designed to help small businesses grow and create jobs, and this record low rate goes one step further toward helping these business owners generate the jobs our country needs right now. If you are a small business owners or if you know someone who owns their business, please pass this information along to them. There may never be a better time than now for small business owners to buy already-discounted commercial property, while financing it with the lowest interest rates on record!