SBA Loan Chart Quick Reference Guide 10 15
CDC loan provided from SBA 100% guaranteed debenture sold to investors at fixed rate secured by 2nd lien. CDC Loan: 10- or 20-year term fixed interest rate. Lender Loan: Unguaranteed financing may have a shorter term. May be fixed or adjustable interest rate Fixed rate on 504 Loan established when the debenture backing loan is sold. ................
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