Oct 17
SBA Debt Refinancing Program
Business owners with a conventional commercial property mortgage can finally take advantage of the low fixed rates on government guaranteed loans through the Small Business Administration (SBA) 504 Refinancing Program. After months of waiting for regulations to be finalized, the SBA began accepting refinance applications through the loan program in late June for eligible fixed assets and business expenses. The SBA 504 Program can refinance up to 90% loan-to-value; 75% on cash-out loans A borrower can
