The September 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 2.283%. This most recent semi-annual pricing of SBIC debentures reflected a decrease to the rate set in March 2019 at 3.113%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes. The March 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 3.113%. This most recent semi-annual pricing of SBIC debentures reflected a decrease in the rate set in September 2018 at 3.548%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes.

The September 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 2.283%. This most recent semi-annual pricing of SBIC debentures reflected a decrease to the rate set in March 2019 at 3.113%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes. The March 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 3.113%. This most recent semi-annual pricing of SBIC debentures reflected a decrease in the rate set in September 2018 at 3.548%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes. In September 2019, the SBIC Funding Corporation completed a pooling of SBA debentures in the amount of $991 million. The SBA debentures have a coupon rate of 2.283 percent. This most Estimated Interest Rate for Year Debenture % Optional: Enter an Alternative Rate to be used in the Calculation % Estimated Net Proceeds Provided to SBIC (Please scroll down to view details of calculation.) $ The total size of an SBIC typically ranges from $30 million to $225 million or more. SBICs may only invest in “small businesses” defined as: net worth less than $19.5 million and prior two years’ average after-tax income less than $6.5 million. No interest payments on discounted debentures with maturities of 5 years. For discounted debentures issued with maturities of 10 years, interest is due on a semi-annual basis during the last 5 years of the term only. The interest rate is fixed within six months of issuance of the note. SBIC regulations require a Debenture SBIC to raise a minimum of $5 million in capital before a fund can submit its license application, but the SBA could require a minimum of $20 million or more at the time the license application is filed.

The September 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 2.283%. This most recent semi-annual pricing of SBIC debentures reflected a decrease to the rate set in March 2019 at 3.113%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes.

The total size of an SBIC typically ranges from $30 million to $225 million or more. SBICs may only invest in “small businesses” defined as: net worth less than $19.5 million and prior two years’ average after-tax income less than $6.5 million. No interest payments on discounted debentures with maturities of 5 years. For discounted debentures issued with maturities of 10 years, interest is due on a semi-annual basis during the last 5 years of the term only. The interest rate is fixed within six months of issuance of the note. SBIC regulations require a Debenture SBIC to raise a minimum of $5 million in capital before a fund can submit its license application, but the SBA could require a minimum of $20 million or more at the time the license application is filed. The current maximum interest rate ranges from 7.25% to 9.75%, depending on the size of the loan and the amount being borrowed. The maximum interest rates on SBA 7(a) loans are based on market interest rates. As market interest rates change, so will the maximum interest rates on these loans. Maximum SBA 7(a) Loan Rates for January 2020

CDC offers detailed information on SBA 504 loan rates in previous months and years based on debenture pricing published by NADCO. Get the info you need. 800 611 5170

Estimated Interest Rate for Year Debenture % Optional: Enter an Alternative Rate to be used in the Calculation % Estimated Net Proceeds Provided to SBIC (Please scroll down to view details of calculation.) $ The total size of an SBIC typically ranges from $30 million to $225 million or more. SBICs may only invest in “small businesses” defined as: net worth less than $19.5 million and prior two years’ average after-tax income less than $6.5 million.

The SBIC licenses held by the Funds have allowed them to issue SBA- guaranteed debentures. SBA-guaranteed debentures carry long-term fixed interest rates 

The SBIC licenses held by the Funds have allowed them to issue SBA- guaranteed debentures. SBA-guaranteed debentures carry long-term fixed interest rates 

No interest payments on discounted debentures with maturities of 5 years. For discounted debentures issued with maturities of 10 years, interest is due on a semi-annual basis during the last 5 years of the term only. The interest rate is fixed within six months of issuance of the note.

The March 2019 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 3.113%. This most recent semi-annual pricing of SBIC debentures reflected a decrease in the rate set in September 2018 at 3.548%. The SBIC debenture rate is set based on a market-driven premium to 10-year Treasury Notes.

The following table lists historical trust certificate and treasury rates for the debenture program. The following table lists historical trust certificate and treasury rates for the debenture program.