Updated over 10 years ago on .
Refinancing vs Repurchase Agreement
What's the pros and cons of refinancing and repurchase agreement. Is one better than the other? Or is it situational? I read up on both, but I couldn't find any "average interest" that the refinancing or a repo would charge. Generally is refinancing done quickly? And can the capital from refinancing a business loan be used to buy anything? Do the banks not care, as long as you can pay off the loan?