Recent changes to the 504 Refinance Program now make it eligible to refinance a loan even if it is an existing SBA 7(a) or SBA 504 Loan. The Alloy Commercial Capital. staff is here to help determine if your project is a good fit for an SBA 504 refinance. The recent changes make it easier for more deals to qualify. Call one of our expert loan officers at 513-631-8292 for more information.
Alloy’s SBA 504 Refinance Program is a loan program that allows businesses to refinance existing commercial real estate debt with a new 504 loan. This can be a good option for businesses that are looking to:
The maximum amount that can be refinanced is 90% of the appraised value of the assets being refinanced. The interest rate on the new loan will be based on the current SBA 504 rates.
To apply for the Greater Cincinnati SBA 504 Refinance Program, businesses must contact a participating Certified Development Company (CDC) like Alloy Commercial Capital. The CDC will help the business through the application process and determine if the project is eligible for an SBA 504 refinance. Contact the Alloy staff today to learn more about the program and to see if you qualify.
If you seek an economic development partner to grow your business, look to Alloy Commercial Capital. Our team has extensive experience in SBA lending and have helped finance over $1 billion in projects. As the largest SBA 504 lender in Ohio and Kentucky, we value our role as a certified development company, and when you work with us, you ll benefit from our passionate commitment to your ideas, your business, and your vision. Let us help you start the SBA 504 Loan process today, and contact us to learn more.
Alloy Commercial Capital has been helping businesses grow in the Greater Cincinnati area for over 40 years. We offer a variety of services, including commercial lending, startup incubation, and economic development consulting.
There are many reasons to choose Alloy Commercial Capital as a business partner. Our team has extensive experience in SBA lending, economic development, and startup incubation. We have helped hundreds of businesses grow and succeed, and we know what it takes to help your business reach its full potential.
Here are some of the key documents needed when you apply for an SBA 504 refinance:
Call one of our expert loan officers a at 513-631-8292 for more information
Or give one of our expert loan officers a call at 513-631-8292 for more info.