SBA 504 Loan & Rates Monitor – May 2025

SBA 504 loan originations are up 21.3% as of April 30, 2025 compared to the prior fiscal year. This represents a slight acceleration compared to the 21.0% rise posted as of March 31, 2025. Year-to-date approval volumes are at the highest level in the last five years,...

SBA 504 Loan & Rates Monitor – April 2025

SBA 504 loan originations are up 21.0% as of March 31, 2025 compared to the prior fiscal year. This represents a modest deceleration compared to the 25.0% rise posted as of February 28, 2025. Year-to-date approval volumes are at the highest level in the last five...

SBA 504 Loan & Rates Monitor – March 2025

Four months into fiscal year 2025, SBA 504 loan originations are up 25.0% as of February 28, 2025 compared to the prior fiscal year. This represents a noticeable acceleration compared to the 18.5% rise posted as of January 31, 2025. Year-to-date approval volumes are...

SBA 504 Loan & Rates Monitor – January 2025

Three months into fiscal year 2025, SBA 504 loan originations are up 13.9% through December 31, 2024 compared to the prior year. This represents a modest deceleration compared to the 18.6% rise posted as of November 30, 2024. Year-to-date volumes are the highest since...

SBA 504 Loan & Rates Monitor – December 2024

Two months into fiscal year 2025, SBA 504 loan originations are up 18.6% through November 30, 2024 compared to the prior year. This represents a significant acceleration compared to the 8.8% rise posted as of October 31, 2024. Year-to-date results are the best since...

SBA 504 Loan & Rates Monitor – November 2024

After the first full month of fiscal year 2025, SBA 504 loan originations are up 8.8% compared to the prior year at October 31, 2024. This represents a significant acceleration compared to the 3.8% recorded for all of FY2024. Still, this month’s results show a big...

Monthly Updates

Read our monthly update on developments in the market for SBA 504 loans, CRA news, and interest rate trends.