Get Ready! The SBA 504 Refinance is Back!
On May 26th the Small Business Administration (SBA) made the 504 Refinance Program permanent. This is great news for hoteliers! How it Works The SBA 504 Refinance loan program offers up to 90% loan to value, based on the appraised value, of the real estate property. The effective interest rate on the SBA’s portion of…