A presentation to aid program users in understanding the 504 Funding Process.
Steve Van Order, Selling Agent for the program and program Underwriters gave the presentation linked below at the NADCO NOW 2023 Conference.
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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