BIG NEWS About the SBA 504 Refinance Program to Give Small Business Owners a Boost...

http://www.SBA504LoanRef.com Since the Small Business Jobs & Credit Act was passed a year ago, we've been able to finally use SBA 504 loans to refinance commercial property. Fortunately, a few hundred business owners have been able to avail themselves of this program to get control over their real estate expenses with the long-term, fixed-rate financing that a 504 loan provides. But that's about to change...

Another provision in the law mentioned the ability to use SBA 504 Refi proceeds for legitimate business expenses (working capital, essentially). Well, we waited a whole year for the SBA to announce how this part of the law will be applied, and they finally told us yesterday. We probably don't have to tell you how big a deal this is, and how meaningful this will be for a vast number of small business owners. This is what some people might call a "game changer." (Not Chris Hurn, the SBA 504 Expert, though. He would simply say this is "about time.")

Watch this video to get the full details about these new changes to the SBA 504 Refi Program — the one mentioned above isn't the only significant change...

Category:

News & Politics

Tags:

• SBA 504
• small business loan
• 504 loan
• commercial real estate loan
• commercial property financing
• US Economy
• small business
• wealth creation
• SBA 504 Loan Refinance
• SBA 504 Refi
• Loan Refinance
• Loan Refi

[baldman00z]

we're using it to create jobs.. so thank you!

[redraider626]

Sorry... it won't create jobs, but may breathe life into some businesses for the short term.

[pigmydmm]

interesting,,,,