Refinance Your Commercial Real Estate - New Rules Announced!
The 504 REFI Program is a powerful program to help businesses improve cash flow and access the equity of their property to pay down business expenses. And with the updated rules provided by the SBA, and with super low, long term FIXED rates, you cant afford to ignore this program.
To qualify for this program:
At least 85% of the original loan must have been used to purchase or improve owner occupied commercial real estate or equipment
The note must have been in place for at least 6 months and the final draw must have occurred at least 6 months ago
The note has not been modified other than renewal on the same terms- in the past 12 months
Interested?
If you are interested in this item and have some questions, feel free send an inquiry.
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