Refinance for Expansion Program

Who Can Qualify?

Eligible Use of Funds

Ineligible Use of Funds

Businesses may not use an SBA 504 refinance loan to repay an existing government guaranteed loan

Interest Rates and Terms

Maximum Gross Debenture (SBA Portion)

The combined third party loan and the 504 net debenture may not exceed 90% of the appraised value of the 504-eligible fixed assets

 Benefits For Lenders

Benefits for Borrowers