Thanks for making The Local Choice!

No Tricks, all Treats with Caprock!

October 2018 504 Interest Rates

20-Year Fixed: 5.492%

25-Year Fixed: 5.532%

With Caprock, borrowers get the lowest available CDC fee of 0.625!

We also offer the local SPAG Revolving Loan Fund!

The Basics:
  • Working Capital, Equipment, Real Estate, etc. – ALL Eligible!
  • No prepayment penalty       
  • Can fund up to 1/3 of the total project cost (maximum $250,000)   
  • Fixed Interest rate tied to the useful life of the collateral (can be as low as 4%)                                                                                    

Counties in which loans can be made:
Bailey, Cochran, Dickens, Floyd, Garza, Hale, Hockley, King, Lamb, Lynn, Lubbock, Motley, Terry, and Yoakum
Thanks for making The Local Choice!

 

 

One Last Thing

SBA is moving into the new federal fiscal year, starting October 1st for FY 2019. Guaranty fees and annual service fees (approximately 0.5%) will change for loans approved after October 1, 2018.

Copyright © *2018 Caprock Business Finance Corporation, All rights reserved.

Our address is:
1323 58th Street
Lubbock, Texas 79412

www.caprock504.org