and view the most recent Growth Corp news! Growth Corp Awarded Illinois' 504 Lender of the Year Lender Forums 2013 Flyer Lender Forums 2013 Flyer - Chicago Dec 2012 Interest Rates... for SBA Loans Reach Historic Low Interest rate for a 20-year SBA 504 loan hits record low in November 2012 May 2012 - Growth Corp Awarded for Outstanding Lending Performance SBA has... Empowered Banks to Help Businesses Historically Low Rates on SBA Loans SBA Loan Programs Offer Exceptionally Low Fixed Interest Rates Growth Corp FY10 Performance August Interest...

interest rate will be determined from the sale of those debentures and is based on current market conditions. See the chart below for a one-year rate history. Generally the rates have... been between 60 to 100 basis points above the 5 and 10 year Treasury bonds. A borrower's monthly payment will include principal, interest and a loan servicing/guaranty fee. Once... the rate is established, the borrower will receive their amortization schedule and begin making payments to Colson Services Corporation. This corporation handles the payment...

Program Low down payment 10% down is all this typically required from borrowers Fixed, long-term interest rate on 504 avoids future rate fluctuations and provides predictable payments... by requiring the bank to advance only 50% of the project. In addition, the bank gets first lien position on the loan. The lender sets the interest rate for their portion of the loan... already startedand possibly even after completionas long as it is still being financed with a construction/interest only loan. The 504 enables borrowers to include renovations...

Fixed Interest Rates 20-YR 10-YR Nov-12 3.95% 3.38% Dec-12 3.80% 3.30% Jan-13 3.99% 3.48% Feb-13 4.06% 3.52% Mar-13 4.07% 3.57% Apr-13 3.94% 3.44% May-13 3.93% 3.47% June-13 4.29... estate or equipment, without high cash outlay requirements often associated with conventional financing programs. Read More... Click here to print a 12-month 504 Rate History Chart 504...

cases) helps conserve valuable working capital Low, fixed interest rate on 504 avoids future adverse rate fluctuations Long loan term brings debt service in line with cash flow... for the 504 Project, the following rules apply:The interest rate on the loan for the borrowed equity must be reasonable. Any lien(s) filed by the lender (for the borrowed equity... been current on the existing debt for the past 12 months and the terms and interest rate on the new loan must be better than the existing loan. Back to Top What is the lender s role...