SBA 504 Debenture Rate for October
The debenture rate is 3.11% but note rate is 3.16% and effective yield is only 4.521%.
Note that debenture fees are increasing. The effective rate chart is based on loans that were actually funded in the October debenture sale. Since there were no loans in the sale that were processed at the higher borrower fee, no rate information is available yet that reflects the new fee. Look for a loan that was processed, closed & funded at the 0.749% fee sometime in November or December.