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SBA 504 Loan Interest Rates
June 2024
25-Year Fixed Rate Standard:
6.354%
25-Year Fixed Rate Refinance:
6.383%
20-Year Fixed Rate Standard:
6.445%
20-Year Fixed Rate Refinance:
6.475%
Estimated 10-Year Fixed Rate Standard:
6.908%
Estimated 10-Year Fixed Rate Refinance:
6.944%
Official monthly SBA 504 effective interest rate tables can be found at Eagle Compliance LLC. 25- and 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees, which are subject to credit risk of the applicant.
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Regional Sales Manager
Alabama & Georgia
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Alabama counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
BDO Sales
Office: 251.463.1596 joel@firstcapital.org
Contact: Joel Ross, BDO
Office: 251.463.1596
Email: joel@firstcapital.org
Counties Served: Baldwin, Butler, Choctaw, Clarke, Conecuh, Covington, Dallas, Escambia, Marengo, Mobile, Monroe, Sumter, Washington, and Wilcox.
Joel serves as a Business Development Officer for the Southwest Alabama and Northwest Florida area and is based in Saraland, AL. He has more than 15 years of experience in commercial lending and banking. Joel serves Baldwin, Butler, Clarke, Conecuh, Covington, Monroe and Washington counties in Alabama and Escambia, Okaloosa, Santa Rosa and Walton in Florida.
BDO Sales
Office: 205.659.3311 drew@firstcapital.org
Contact: Drew Robinson, BDO
Office: 205.659.3311
Email: drew@firstcapital.org
Counties Served: Central Alabama/Birmingham Office.
Drew Robinson serves as a Business Development Officer for First Capital Finance Corporation in the greater Birmingham area and is based in Birmingham, AL. Drew has nearly ten years of banking industry experience in commercial credit and small business retail banking. Prior to working in financial services, he was an educator in his hometown of Wailuku, HI. Drew earned an M.S. in Accounting from the University of Colorado and a B.A. in History from California State University, Northridge.
VP Corporate Sales
Office: 813.951.1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Alabama counties.
Contact: Drew Robinson, BDO
Office: 205.659.3311
Email: drew@firstcapital.org
Counties Served: Central Alabama/Birmingham Office.
Iris serves as a Vice President and Business Development Officer for the Alabama market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Regional Sales Manager
Alabama & Georgia
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Georgia counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
VP Sales
Office: 850.566.6152 marsha@sjzddclm.com
Contact: Marsha Asbury-Turner, BDO
Office: 850.566.6152 Fax: 855.777.3590
Email: marsha@sjzddclm.com
Counties Served: Atkinson, Baker, Berrien, Brooks, Calhoun, Clay, Clinch, Coffee, Colquitt, Cook, Crisp, Decatur, Dougherty, Early, Echols, Grady, Irwin, Lanier, Lee, Lowndes, Miller, Mitchell, Seminole, Terrell, Thomas, Tift, Turner, Ware, and Worth.
VP Corporate Sales
Office: 813-951-1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Georgia counties.
Iris serves as a Vice President and Business Development Officer for the Georgia market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
VP Sales
Office: 727.871.8033 scott@sjzddclm.com
Contact: Scott Radway, VP & BDO
Office: 727.871.8033 Fax: 855.742.6233
Email: scott@sjzddclm.com
Counties Served: Hernando, Hillsborough, Pasco, Pinellas, and Polk.
Scott serves as a Vice President and Business Development Officer for the Tampa Bay Area and is based in Tampa. He has over 30 years of commercial banking experience. Prior to joining the company, Scott was the Business Banking Sales Manager in Hillsborough County for Wells Fargo. He also was the Business Banking Sales Manager for Regions Bank from 1998 to 2011 and was responsible for Broward and Palm Beach Counties. He received a B.S. in Finance from Florida State University. Scott is responsible for 5 counties in the Tampa Bay Area: Hernando, Hillsborough, Pasco, Pinellas and Polk.
BDO Sales
Office: 561.764.4881 laurel@sjzddclm.com
Contact: Laurel McNamara, BDO
Office: 561.764.4881
Email: laurel@sjzddclm.com
Counties Served: Palm Beach.
Laurel serves as a Business Development Officer for Palm Beach County, Florida. Laurel earned her B.S. in Biological Sciences from Arizona State University. She has over 10 years of nationwide SBA-related lending experience and is active on many National SBA Association Committees and the Risk Management Association of South Florida Board.
VP Sales
Office: 239.691.4249 william@sjzddclm.com
Contact: William Wilson, CFP®, CCIM – VP & BDO
Office: 239.691.4249 Fax: 833.219.8017
Email: william@sjzddclm.com
Counties Served: Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, Lee, Manatee, and Sarasota.
William serves as a Vice President and Business Development Officer for the Southwest Florida Region and is based in Ft. Myers. He has been in banking, commercial and small business lending since 1995 and has financed tens of millions of dollars of projects in Chicago, Las Vegas and Northern California before joining Florida First Capital. William provides hands on involvement with our banking partners, commercial realtors and economic development organizations. He is active in numerous organizations, including the Realtor’s Association of Sarasota and Manatee and the CCIM Chapter of Florida. William received an undergraduate degree from Purdue University and an MBA from Keller Graduate School of Management. He is a Certified Financial Planner®, holds the prestigious Certified Commercial Investment Member designation and is an honorably discharged Army Reserve Officer. William is responsible for 10 counties in the Southwest Region: Manatee, Sarasota, Hardee, De Soto, Highlands, Charlotte, Glades, Lee, Hendry and Collier.
Executive Vice President & General Counsel
Office: 800.504.LOAN (5626) or 850-681-3601 mark@sjzddclm.com
Executive Vice President & General Counsel
Office: 800.504.LOAN (5626) or 850-681-3601 mark@sjzddclm.com
Contact: Mark Kruse, EVP and General Counsel
Office: 800.504.LOAN (5626) or 850-681-3601
Email: mark@sjzddclm.com
Counties Served: Broward.
Mark serves as Executive Vice President and General Counsel and is based in Tallahassee. Mark’s extensive resume includes serving as Senior Advisor on Government Relations for Buchanan Ingersoll & Rooney – one of the largest law firms in the nation. He also has deep experience in Florida state government having worked as Director of Legislative Affairs and Policy Coordinator for Transportation and Economic Development for Governors Rick Scott and Ron DeSantis as well as having held several staff positions in the Florida Senate and the Florida House of Representatives. Previously, Mark served as the Director of Closing and Assistant General Counsel for Florida First Capital.
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Regional Sales Manager
Alabama & Georgia
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Georgia counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
VP Sales
Office: 850.566.6152 marsha@sjzddclm.com
Contact: Marsha Asbury-Turner, BDO
Office: 850.566.6152 Fax: 855.777.3590
Email: marsha@sjzddclm.com
Counties Served: Atkinson, Baker, Berrien, Brooks, Calhoun, Clay, Clinch, Coffee, Colquitt, Cook, Crisp, Decatur, Dougherty, Early, Echols, Grady, Irwin, Lanier, Lee, Lowndes, Miller, Mitchell, Seminole, Terrell, Thomas, Tift, Turner, Ware, and Worth.
VP Corporate Sales
Office: 813-951-1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Georgia counties.
Iris serves as a Vice President and Business Development Officer for the Georgia market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Regional Sales Manager
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Regional Sales Manager
Alabama & Georgia
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Georgia counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
VP Sales
Office: 850.566.6152 marsha@sjzddclm.com
Contact: Marsha Asbury-Turner, BDO
Office: 850.566.6152 Fax: 855.777.3590
Email: marsha@sjzddclm.com
Counties Served: Atkinson, Baker, Berrien, Brooks, Calhoun, Clay, Clinch, Coffee, Colquitt, Cook, Crisp, Decatur, Dougherty, Early, Echols, Grady, Irwin, Lanier, Lee, Lowndes, Miller, Mitchell, Seminole, Terrell, Thomas, Tift, Turner, Ware, and Worth.
VP Corporate Sales
Office: 813-951-1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Georgia counties.
Iris serves as a Vice President and Business Development Officer for the Georgia market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
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