T在这里's Never Been a Better Time for a SBA 504 Refi Loan than Now!

2021年11月

Thanks to recent rule changes to the Small Business Administration (SBA) 504 Debt Refinancing Program combined with fixed interest rates still hovering at historic lows; long amortization terms; decreased 504 programs fees for FY 2022; the ability to refinance government guaranteed debt; and a cash-out option, now is the ideal time for small business owners to lighten their monthly debt payments by refinancing high interest commercial real estate loans through the SBA’s 504 Debt Refinancing Program.

Under the program available through 佛罗里达第一资本公司/第一资本金融公司, 小企业可以利用低市场的优势, fixed interest rate refinancing with repayment terms up to 25 years for up to 90% of the appraised value of commercial real estate property. Loans made under the 504 Debt Refinancing Program are 504 loans and are subject to all applicable SBA 504 Loan Program requirements.

Borrowers have the option to refinance 有或没有膨胀.

债务再融资与扩张

• Debt refinancing with expansion is a strong option for small business owners looking to grow and expand their operations and reduce commercial debt at the same time.
• The maximum LTV is 90% of the fair market value of the eligible fixed asset(s) (no cash-out option).
• A project involves expansion if it includes the acquisition, 土地的建设或改良, 借款人使用的建筑物或设备.
• Any amount of existing qualified debt that does not exceed 100% of the cost of the expansion may be refinanced (increased from not more than 50%).
• The debt being refinanced will be added to the expansion cost to establish the total project costs.

504无扩张的债务再融资

• 504 loan proceeds are to be used to refinance qualified debt with no money going toward expansion.
• For borrowers that refinance only long-term fixed asset debt (no cash out), the maximum LTV is 90% of the fair market value of the eligible fixed asset(s).
• 合格的固定资产包括土地, 建筑, 取得的机器和设备, constructed or improved by a small business for use in its business operations.
• Borrowers can also refinance eligible business operating expenses (cash-out option), however a maximum 85% LTV applies and the business operating expenses portion of the project may not exceed 20% of the value of the eligible fixed asset(s) securing the qualified debt.
• Eligible business operating expenses include any other expenses of the business that are not capital expenditures (e.g.工资、租金、水电费、存货等.) that were incurred but not paid prior to the date of the refinance application or that will become due for payment within 18 months after the date of application.
• 债务不包括在合格的业务费用中, except debt that was incurred with a credit card or a business line of credit may be included if the credit card or business line of credit is issued in the name of the small business and the applicant certifies that the debt being refinanced was incurred exclusively for business related purposes.

现有小企业管理局7(a)和504K8彩乐园的再融资

SBA 504再融资项目 有或没有膨胀 may now include federally-guaranteed debt under the following conditions:

• 为现有的504K8彩乐园, either both the third party loan (1st mortgage) and the SBA 504 loan (2nd mortgage) must be refinanced, 或第三方K8彩乐园必须全额偿还.
• 对于现有的7(a)项K8彩乐园, the Certified Development Company (CDC) must verify in writing that the present lender is either unwilling or unable to modify the current payment schedule. The existing 7(a) loan may be refinanced in whole or in part.
• 就同一机构债务而言, if the third party lender or the CDC affiliate is the 7(a) lender, the loan will be eligible for 504 refinancing only if the lender is unable to modify the terms of the existing loan because a secondary market investor will not agree to modified terms.
• The refinancing of any federally-guaranteed debt must provide a “substantial benefit” to the borrower – minimum 10% savings on the new installment amount attributable to the debt being refinanced.

查阅有关资格标准的资料, K8彩乐园结构和首付时间表, 请浏览我们的网站 在这里.

504 loans are paired with private-sector commercial loans and provide up to $5 million of aggregate SBA eligibility on standard 504 projects; up to $5.5 million per 504 energy efficient green project not exceed $16.5 million in the aggregate; and up to $5.5 million per eligible small manufacturing project with no 限制 on total SBA dollars available. These are SBA 2nd mortgage loan portions only; t在这里 is no 限制 总体项目资金规模.

For more information about SBA 504 refinance loans in Alabama, Florida or Georgia, contact a 佛罗里达第一资本K8彩乐园官 或电邮至 info@www.legalizedancingnyc.com. 电话:850.681.3601或888免费电话.320.5504.