WASHINGTON, DC-The 10-year and 20-year interest rates on USSmall Business Administration (SBA) 504 loans decreased to arecord-low value in September 2010 for the first time.
Now, the 20-year interest rate on SBA loans is 4.62%, with theprevious record value of 4.86% in October 2009. For a 10-yearindustrial equipment loan, the interest rate in September 2010 is3.68%, lower than the previous record of 4.15% reached in November2009. For the full story, go to Florida Real Estate Journal.
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