• The October effective interest rate for a 25 year 504 loan is 5.53%, the rate for a 20 year 504 loan is 5.49%, and the rate for a 10 year 504 loan is 5.25%
  • The SBA 504 program priced its first 25 year debenture at 5.32% in July 2018.
  • On April 4, 2018 SBA has made available a 504 loan with a maturity of 25 years! This is in addition to the 10 & 20 year 504 loan. Term of Third Party loan accompanying a 25 year 504 loan must be at least 10 years, the prepayment penalty will remain at 10 years (declining), & the int. rate will be approx. 35 bps higher than the rate of the 20 year 504 loan. Any 504 project approved prior to April 2, 2018 may not be extended to 25 years.
  • SBA 504 Debt Refinance loans approved during FY2019 (10-01-2018 through 09-30-2019) "up front" Guaranty Fee will be 0.50% (50 basis points). The annual service fee will be 0.368% plus 0.027%, for a total of 0.395% (36.8 basis points plus 2.7 basis points) of the outstanding balance of the loan.
  • SBA 504 loans approved during FY2019 (10-01-2018 through 09-30-2019) "up front" SBA Guarantee Fee will be 0.50% (50 basis points) up from 0%. The annual service fee (included in the effective interest rate) will be 0.368% (36.8 basis points) of the outstanding balance of the loan, down from 0.682%.
  • IDAHO CENTRAL CREDIT UNION was named the 2018 SBA 504 Financial Institution of the Year. "Thank you", Idaho Central Credit Union for all you do to help businesses grow!
  • Clint Shiflet, Senior VP & Area Manager at Idaho Central Credit Union in Meridian, named the 2018 SBA 504 Lender of the Year. Congratulations and thank you, Clint!

Capital Matrix | About Capital Matrix

Capital Matrix is a private, non-profit corporation licensed and regulated by the U.S. Small Business Administration to administer the SBA 504 loan program.  Capital Matrix was created in 1983 through the initiative of the City of Boise, the Boise Chamber of Commerce and a group of local business owners.  They recognized the importance of supporting the growth of small businesses and the benefits the 504 loan program would bring to those businesses and to the economy of the region.  Capital Matrix serves businesses in Idaho, eastern Oregon, and eastern Washington, and since its inception, has assisted over a thousand companies.

By advocating for businesses and partnering with private sector lenders, Capital Matrix provides businesses access to long-term capital for real estate and equipment needed to expand their businesses.  We are proud to have played a role in the economic growth of our region.

   - Assisting more than 1,000 companies

   - Providing over $330 million in financing

   - Helping businesses create more than 8,500 jobs

Capital Matrix has received the CDC of the Year award from the Boise District Office of the SBA since 2008.

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