Rates today
  • Prime rate 6.75% flat
  • Fed funds 3.63% flat
  • SOFR 3.65% up0.01
  • Treasury 1Y 4.08% down0.06
  • Treasury 10Y 4.75% up0.06
Updated: EST

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Latest Funding Benchmarks

Updated: EST

The table lists each benchmark, its current value, and its change over 7 days.

Latest Funding Benchmarks
Benchmark Rate 7 days
Bank prime loan rateCached observation. DPRIME · Common base rate for pricing many variable-rate business loans and credit lines. Source observation dated July 31, 2026. Retrieved August 4, 2026 7:36 pm. Source vintage August 3, 2026. 6.75% flat
Effective federal funds rateCached observation. DFF · Overnight interbank rate published by the Federal Reserve Bank of New York. Source observation dated July 31, 2026. Retrieved August 4, 2026 7:36 pm. Source vintage August 3, 2026. 3.63% flat
Secured Overnight Financing Rate SOFR · Broad overnight financing benchmark based on U.S. Treasury repurchase transactions. Source observation dated August 3, 2026. Retrieved August 4, 2026 7:36 pm. Source vintage August 4, 2026. 3.65% up0.01
1-year Treasury yieldCached observation. DGS1 · One-year U.S. Treasury constant maturity market yield. Source observation dated July 31, 2026. Retrieved August 4, 2026 7:36 pm. Source vintage August 3, 2026. 4.08% down0.06
10-year Treasury yieldCached observation. DGS10 · Ten-year U.S. Treasury constant maturity market yield. Source observation dated July 31, 2026. Retrieved August 4, 2026 7:36 pm. Source vintage August 3, 2026. 4.75% up0.06

FRED rows are economic benchmarks. Product rows appear only from an approved, sourced methodology and are not lender offers.

Benchmark source: FRED®, Federal Reserve Bank of St. Louis (opens in a new tab)

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Applications Open

Summer Research Education Experience Program (R25 Clinical Trial Not Allowed)

Deadline
May 7, 2027
Geography
National
Eligibility Details

Eligibility: Other Eligible Applicants include the following: Alaska Native and Native Hawaiian Serving Institutions; Asian American Native American Pacific Islander Serving Institutions (AANAPISISs); Eligible Agencies of the Federal Government; Faith-based or Community-based Organizations; Hispanic-serving Institutions; Historically Black Colleges and Universities (HBCUs); Indian/Native American Tribal Governments (Other than Federally Recognized); Non-domestic (non-U.S.) Entities (Foreign...

Applications Open

Competing Revisions to Existing NIH Single Project Research Grants and Cooperative Agreements (Clinical Trial Optional)

Deadline
November 24, 2026
Geography
National
Eligibility Details

The National Institutes of Health (NIH) hereby notifies NIH award recipients that funds may be available for revision applications to support the expansion of existing projects and/or programs within the awarding IC identified in the competitive revision Notice of Special Interest (NOSI). Applications for Revisions will be evaluated for scientific and technical merit by (an) appropriate Scientific Review Group(s), in accordance with NIH peer review…

Applications Open

HEAL Initiative-Early-Stage Discovery of New Pain Targets Within the Understudied Druggable Proteome (R03 Clinical Trial Not Allowed)

Funding
Up to $100,000
Deadline
July 16, 2026
Geography
National
Eligibility Details

The purpose of this notice of funding opportunity (NOFO) is to solicit applications for pilot projects to identify new druggable targets for pain within the understudied druggable proteome. Awards will support generation of preliminary data and/or tools around eligible understudied protein(s) listed in this NOFO. This NOFO is intended to jumpstart research on understudied proteins within the context of pain and pain management and provide…

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Open contract OpenGrants

Table-Top Free Space Measuring System – USDA-ARS Auburn AL

Response deadline
December 22, 2026
Location
National

This is a Sources Sought notice Only. This is NOT a solicitation for proposals, proposal abstracts, or quotations. This Sources Sought is issued for information and planning purposes only as part of USDA ARS market research and does not itself constitute an RFQ. This requirement is covered under NAICS code 334516 � Ana…

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Current 2026 programs & rates

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New 2026 program

SBA 7(a) Q1 2026 rate update — prime + 2.75% for loans over $50K

The SBA has released updated base rates for Q1 2026. Most 7(a) loans now carry a ceiling of prime + 2.75% for loans exceeding $50,000 with maturities over 7 years.
Jan 6, 2026    Read full update →
Rate change

Alternative lender rate index — Q1 2026 snapshot

Median APR across top 50 alternative lenders shifted in early 2026. Equipment financing rates and MCA factor rates show new movement heading into Q2…
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Grant alert

USDA Rural Business Development Grant — 2026 applications now open

Rural small businesses may apply for grants up to $500,000 for technical assistance, training, and working capital. New 2026 cycle opened February 1.
Feb 1, 2026    View eligibility →
Expert contributors

2026 resources & insights

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Equipment financing
Equipment financing

How to finance equipment in 2026 without hurting cash flow

The right structure makes all the difference. Here’s what commercial banking experts recommend for equipment loans this year.
JR James Rourke
VP Commercial Lending · 5 min read
SBA programs
SBA programs

SBA 504 vs 7(a): which loan is right for your business in 2026?

A side-by-side breakdown of the two most popular SBA programs, who qualifies, and how 2026 rates compare.
ML Maria Lopes
SBA Lending Specialist · 7 min read
Business growth
Business growth

5 funding strategies for small businesses in a 2026 rate environment

Savvy business owners in 2026 are using a mix of instruments to minimize their cost of capital.
TC Thomas Chen
Alt. Lending Strategist · 6 min read
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