SBA 504 Rates Update for September 2024: Rates Are Dropping!

SBA 504 Rates Update for September 2024: Rates Are Dropping!

Great news! The SBA 504 debenture rates for September 2024 have dropped once again. This update is packed with critical insights on the latest SBA 504 25-year fixed rate, now at 5.76%, a significant drop from August's 6.41% and July's 6.2%. Learn how this impacts your commercial real estate transactions and what this means for both SBA 504 and SBA 7A loans. Whether you're refinancing, consolidating loans, or just exploring your options, we break down everything you need to know. Plus, discover how the Wall Street Journal Prime rate affects your loans and what trends to watch. If you have SBA loan questions or are looking for expert advice, be sure to book a discovery call!

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📌 Timestamps:
0:01 - Intro & SBA 504 Rate Drop for September 2024
0:35 - Blended Rates for SBA 504 Loans
1:09 - SBA 7A Loans & Wall Street Journal Prime
2:01 - Refinancing Options and Loan Consolidation
2:49 - Loan Consolidation & Reamortization Benefits
3:11 - Consultations and Wrap-up

💥 Thanks for watching 💥
#SBA504 #InterestRates #CommercialLoans #RealEstateFinancing #SmallBusinessLoans #SBA7A #PrimeRate #LoanConsolidation #Refinance #businessfinancing

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

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