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.
Chart and Statistical Data is from May 2006 to August 2015
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.
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