Our Mission
To make capital available to small businesses by working in conjunction with banks to provide
SBA 504 loans and other economic development loans. The Small Business Access Partners (SBAP)
has the solution to certain small business financing needs. Programs that provide reasonable rates,
lower down-payments, and longer repayment terms on loans for eligible small businesses are now available through the SBAP. Up to 90 percent financing is available for fixed assets such as land, buildings, equipment and lease hold improvements. The broad-reaching program encourages bank to make loans that they might not ordinarily make on their own.
If you have been unable to get long-term financing at reasonable rates, then the SBAP may have a loan for you.
Call 770-536-7839 Today!
Our History
Created in 1982 as a non-profit Certified Development Company, the SBAP is authorized to make loans in cooperation with private lending sources - the Bank that you already trust and deal with daily.
504 Historical
Rates for March 2012 have now been released for the SBA 504 Loan Program. A “standard” SBA 504 Loan approved on or after October 1, 2011, and funding this month (March 14, 2012), would be paying a 20-year fixed rate of only 4.59%*! Summaries of past month’s rates are as follows:
20 Year Loan*
Standard 504 Loan Program
March 2012 - 4.59%
February 2012 - 4.71%
January 2012 - 4.84%
December 2011 - 4.95%
November 2011 - 4.95%
October 2011 - 4.84%
September 2011 - 4.70%
*priced every month
10 Year Loan*
Standard 504 Loan Program
March 2012 - 3.83%
February 2012 - no sale%
January 2012 - 4.09%
December 2011 - no sale
November 2011 - 4.03%
October 2011 - no sale%
September 2011 - 3.78%
*Effective Rate includes Note Rate plus monthly servicing fees.
For more information about SBA’s 504 Loan program,
please call Lorra Lee, Melinda Coker or Matt Schroeder at 770-536-7839.