Rate of Interest

The rate is determined by market at the sale of a participation in a pool of government guaranteed securities. The rate is fixed for the term of the SBA/GSDC loan.  

Market rates are allowed on the private lending portion (50% of project).

Current Rates:

Real Estate Loans: (20-Year Debenture as of August 2010 Funding)

3.577% - (Note Rate)
1.489% - (Servicing Fees)
5.066% - (Effective Rate)

Equipment Loans: (10-Year Debenture as of July 2010 Funding - Loans fund every other month)

2.534% - (Note Rate)
1.489% - (Servicing Fees)
4.023% - (Effective Rate)

Application Process

If interested please (contact) the Granite State Development Corporation.

Application process (information) you will need to submit.