Improved 504 Refinance Program

November 15, 2015

The 504 Temporary Debt Refinance Program is friendlier!  The borrower can convert equity into much needed cash to utilize for eligible business expenses! The Third Party Lender IS NO LONGER required to be 50% of the appraised value of the fixed assets. The combined Third Party Loan and 504 loan cannot exceed 90% of appraised […]

Refinance Now With 504 Loans

November 15, 2015

Under the Small Business Jobs Act, SBA has implemented a temporary program which allows small businesses to refinance eligible fixed assets with the 504 program.  This will provide small businesses the opportunity to lock in long-term, fixed rate financing as well as protect jobs and preserve working capital. Key Elements: SBA will begin accepting 504 […]