SBA 504 loan funds come from the sale of government-guaranteed bonds.

Bond sales occur once a month, and rates are fixed at the time of the sale for the duration of the loan. See current and historical effective rates listed below:

Current Interest Rates

2017
January 4.585%
February 4.607%
March 4.827%
April 4.625%
May 4.668%
June 4.596%
July 4.766%
August 4.537%
September 4.376%
October
November
December

Historical Interest Rates

2016 2015 2014 2013 2012
January 4.831% 4.601% 5.54% 4.21% 4.84%
February 4.324% 4.546% 5.31% 4.29% 4.71%
March 4.553% 4.799% 5.29% 4.30% 4.59%
April 4.311% 4.591% 5.19% 4.16% 4.74%
May 4.320% 4.850% 5.08% 4.15% 4.46%
June 4.232% 5.062% 5.069% 4.53% 4.50%
July 4.091% 4.961% 4.952% 5.23% 4.46%
August 4.093% 4.909% 4.96% 5.24% 4.45%
September 4.082% 4.902% 5.002% 5.70% 4.28%
October 4.261% 4.801% 4.821% 5.45% 4.26%
November 4.357% 4.778% 4.879% 5.46% 4.17%
December 4.596% 4.873% 4.782% 5.46% 4.01%