CALL 931-379-2918

504 Rate Update

504 August 2015 Rates

4.909% – 20 Year Debenture Effective Rate *

The former national anthem of the People’s Republic of China, “The East is Red”, seems more appropriate now that the financial media is covered in pictures of bewildered individuals in Shanghai standing in front of electronic stock displays, awash in a sea of red.
That’s capitalism: up one quarter, down the next!
But for those with a perspective extending beyond the coming quarter, for example those considering the purchase of a building or equipment for their business, the availability of long term fixed rate financing seems more important.

2015 July

Chart and Statistical Data is from May 2006 to August 2015

Debenture Rate 10 Year T-Note
Spread Over T-Note
August 2015
2.23% 0.59%
3.01% 0.84%
2.90% 0.66%
0.009499863 0.005892187

The 504 does that and more! By allowing the preservation of working capital, through a lower equity injection, the 504 provides a more stable basis for the development of a small business…no matter what the shading of sunrise in the East.

We welcome the opportunity to earn your business

* Note: Rates are subject to credit determination & auction pricing. Past performance is no guarantee of future results.

Share this message with the tools below.


South Central Tennessee Development
101 Sam Watkins Blvd.
Mount Pleasant, TN 38474
Office (931) 379-2918
Fax (931) 379-2640

Sign in front of SCTD