Enterprise Development Corporation
  • Home
  • The 504 Loan
    • Borrowers- 504 Standard
    • Lenders
    • Compare Conventional vs 504
    • The 504 Application
  • 504 Refinance
  • Success Stories
  • Blog
  • FAQs
  • About
    • History
    • Contact
    • Useful Links
    • Board of Directors

I am Thankful For…

11/16/2016

0 Comments

 
Wow…the election is over and we have a new President.  Thank heavens!  I am not necessarily thankful that we have a new Commander in Chief and I am not necessarily thankful about the winner.  This blog will probably be one the most apolitical writings you will see during this post-election season.  What I am truly thankful for is that the election nonsense that has been going on seemingly since President Obama was elected in 2012 is finally over.  I am thankful that all of the polling phone calls and TV coverage is kaput.  Hopefully all of the clever bumper stickers will be removed and burned for fuel and hanging out around the office water cooler arguing about changes in the electoral map is over!  Whew!  Now we can get back to business.
​
So from a lending perspective, what is the immediate fallout from the election?  Well…nothing really.  Treasury bills bumped up slightly, raising SBA 504 loan 20 year fixed rate to 4.357%.  Why did T-bills go up?  Markets hate the unknown.  Simple as that… I am quite sure rates will “normalize” in the coming months (not that they are abnormal now) and the 504 will become an even better deal.  Business people will continue buying land and buildings.  Lenders will continue hitting the pavement trying to make the loans that allow those business people to buy that land and build those buildings.    It really does not matter if the D’s or the R’s won the election.  As long as there is opportunity, commerce will continue.  And Enterprise Development will be there to support it. 
0 Comments



Leave a Reply.

    Archives

    January 2017
    November 2016
    October 2016
    September 2016
    August 2016
    April 2016
    March 2016
    January 2016
    December 2015
    November 2015
    September 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    December 2014
    November 2014
    September 2014
    August 2014
    July 2014
    May 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    April 2013
    January 2013
    December 2012

    Categories

    All

    RSS Feed

910 East Broadway, Suite 201 Columbia, MO 65201



573.875.8117
Proudly powered by Weebly