Good News: Now You Can Refinance your SBA 7(a) Loan!
A little over a week ago, the Small Business Administration (SBA) published an obscure document with game-changing implications: businesses now can refinance their 7(a) loans into a 504 loan. Keep reading to learn more. The document in question is called “Interim Final Rule with Request for Comments (IFR): Debt Refinancing in the 504 program.” While…