Updated over 1 year ago on .
SBA 504 Refinancing for Business Owners
The article discusses the potential benefits of SBA 504 refinancing for business owners who own the property their business operates in. It highlights a scenario where refinancing can lead to significant monthly savings, especially for those with adjustable SBA 7A loans. By refinancing, businesses can secure a fixed blended SBA rate, potentially saving thousands of dollars each month. Additionally, the article mentions the option of borrowing for eligible business expenses (EBE), allowing businesses to access cash for operating expenses while still lowering their monthly payments. Karen Schimpf, offers a consultation to help determine if refinancing is the right choice for individual businesses. To read the whole article, visit: https://applycommercialloans.com/i-forgot-all-about-this/
Karen Schimpf
Commercial Capital, Ltd.
O: 512-358-1511
www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/
website: http://applycommercialloans.com
P.S. Our hard money loans cater to both owner-occupied properties and investors seeking cash-out scenarios or purchases. We accommodate various property types, including Airbnb rentals, restaurants, apartments, retail spaces, single-tenant units, and more.