In response to NADCO TI Memo 21-18 making 25-year term loans available in the SBA 504 loan program it will be helpful to understand how we expect those debentures to be priced so that small business borrowers can be better equipped to decide what term loan is best for them.
There are several variables that determine DCPC debenture rates and they will be outlined, but we should begin with what is certain:
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