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Historic Low SBA 504 Rates This Month

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At MCDC, while adjusting to the new reality of operating remotely, we continue conducting business as usual – accepting applications, processing, underwriting, approving, closing, funding and servicing loans.
May Rates and News
 
2.76% 25-Year Debenture – 2.76% for Refinance
 
2.68% 20-Year Debenture – 2.68% for Refinance
 
2.65% 10-Year Debenture – 2.65% for Refinance
In addition, as a Lender Service Provider, MCDC assisted small businesses in Michigan in accessing tens of millions of dollars of PPP loans over the last five weeks, proving our proficiency in these trying operating times. We continue to be fully functional and ready to collaborate with you to serve the SBA financing needs of your clients.
 
Our entire team is focused on keeping everyone healthy, personally and financially. It is our privilege to serve you.
 
MarkWilliamsStay safe.
 
Mark Williams, President
 
With seven offices throughout Michigan, MCDC’s experienced staff will work with you through every step of your SBA Loan. MCDC is a non-profit corporation certified by the U.S. Small Business Administration to provide SBA 504 Loan Financing and 7(a) Lender Services. For more than 35 years MCDC has been a leader in SBA financing in Michigan, participating in projects impacting more than 62,000+ jobs and more than $2.9 Billion of economic investment. For more information, please feel free to call us at 833-4SBA-LOAN or 833-GET-7ALOANS or visit us at www.michigancdc.org 

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