Tuesday, August 3, 2010

SBA 7(a) Rate Update

Indices:
PRIME RATE= 3.25%
SBA LIBOR Base Rate July 2010 = 3.35%
SBA Fixed Base Rate July 2010 = 5.88%
A 7(a) loan can go 2.75% above these indices.
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504 Debenture Rate for JulyThe debenture rate is 3.80% but note rate is 3.86% and effective yield is only 5.213%.

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