A presentation to aid program users in understanding the 504 Funding Process.
504’s Capital Markets Team lead by Frank Keane, Fiscal Agent and Glenn Doran, Selling Agent shared market insights and portfolio updates. Program Underwriters and SBA Leadership shared observations from FY2024 and thoughts looking forward.
The CDR report provides a snapshot into loan performance as it relates to economic and market conditions - Accelerations being a reflection of the health of a small business while Voluntary payments are most affected by declining interest rates that provide an opportunity to refinance debt.
The SBA 504 debenture issuance summary provides information on the 10-year, 20-year, and 25-years debentures, comparative loan costs, pool size trends, and comparative spreads to treasury over time.
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