SBA Eliminates Date Restriction for 504 Refinancing | SBDC UNF

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SBA Eliminates Date Restriction for 504 Refinancing



The US Small Business Administration initially restricted the new refinancing option to small businesses that faced balloon payments on mortgages before Dec. 31, 2012. That eliminated an awful lot of companies that we eager to refinance. It has just been announced that effective April 6, the SBA will open the 504 refinancing option to businesses with balloon payments due after that date. Call us if you have any questions at 904-620-2476.

Get more information here.

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