Standalone & Refi with Expansion
The SBA 504 Refinance Loan program offers small business owners the opportunity to refinance their existing commercial real estate loan with terms similar to a typical SBA 504 loan. Benefits include minimizing bank exposure to 50% of total project costs, generating new fee income with a quality portfolio loan, freeing up trapped equity for clients, combined loan-to-value (LTV) up to 90%, and up to a 25-year, below-market, fixed interest rate for the 504 loans.
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