fbpx

SBA 504 Refinance Program Now Easier to Use

SBA published in the Federal Register a Final Rule on the SBA 504 Refinance Program that made the program easier to use.  The effective date of the Final Rule and changes is November 13, 2023.   SBA 504 Refinance Improvements Include The program is able to...

Your Financial Plans Should Include 504 Refinancing

Did you know, it is estimated that $900B in CRE loans will come due by the end of 2024?!  With interest rates on the rise, and the prime rate currently sitting at 8.5%, your financial plans should include refinancing with the 504’s below-market, long-term fixed...

Is This The Year You’ll Grow Your Business?

Are you ready to grow your business?  With the turn of a new year, it’s a great time to take action.  And good news…the U.S. Small Business Administration (SBA) actually created the 504 Loan Program to offer business owners a more affordable and accessible way...

Can I Get Cash Out From My Building’s Equity?

A question we get asked often is, “Can the SBA 504 Loan Program help me get cash out from the equity in my building?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term,...

Access Working Capital with SBA 504 Refinancing

A question we get asked often is, “Can the SBA 504 Loan Program help me access working capital?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term, fixed interest rate...

Refinance Commercial Mortgage Debt

A question we get asked often is, “Can I refinance my commercial mortgage with an SBA Loan?”  The answer is Yes! There are many reasons to consider refinancing an existing commercial mortgage loan. You might have a balloon payment coming up, you might be...