The debenture rate for the U.S. Small Business Administration’s 504 loan product has dropped for the month of May. The 20 year debenture was at 5.9% in April; the 20 year debenture is now at 5.64%! The 10 year debenture is currently 4.59%, down from 4.89% in March. What does that mean for business owners? For a 20 year, $500,000 loan, a business owner could save well over $7,000 in interest over the life of the loan.<\/p>","protected":false},"excerpt":{"rendered":"
The debenture rate for the U.S. Small Business Administration’s 504 loan product has dropped for the month of May. The 20 year debenture was at 5.9% in April; the 20 year debenture is now at 5.64%! The 10 year debenture is currently 4.59%, down from 4.89% in March. What does that mean for business owners? […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[110],"tags":[],"class_list":["post-138502199","post","type-post","status-publish","format-standard","category-lending-news","entry"],"acf":[],"yoast_head":"\n