The Development Company Funding Corporation (DCFC) handles the marketing and sales of the bonds (debentures) sold to investors to fund the SBA 504 loan program.
Current Rates & Rate Histories
Central Servicing Agent (CSA) Manual - Revised 2006
The Board of Directors of DCFC is comprised of the officers of the National Association of Development Companies. The Board meets twice each year to review DCFC operations which include:
- Negotiating the pricing of the monthly debenture pool sales with the underwriters
- Managing the administration of the monthly issuance of the debenture pools
- Organizing the underwriting and marketing of the debentures
- Providing advice to the SBA Office of Financial Assistance on market conditions and the financing of 504 debenture securities pools and
- Performing industry research and analysis
The Bank of New York serves as the trustee of the 504 debenture fund and the underwriters are Merrill Lynch and Credit Suisse First Boston. Colson Services Corporation is the Central Servicing Agent for the SBA and is responsible for disbursing the funds received from the sale of the debentures.
For any additional information, please contact the DCFC offices at (703) 748-2580.