Refinance SBA loan

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by a searcher from The University of Texas at Austin - Red McCombs School of Business
in Austin, TX, USA

2yrs ago

Refinance SBA loan

Hi all,

I'd like to talk to someone about the process/requirements/rates for refinancing SBA loan. Can you comment below if you are willing and able?

Thanks,
Pete

1 Like

352 Views

reply by a lender 2yrs ago
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

Happy to have a discussion. However, if it is an SBA 7A business acquisition loan, the terms might not be as favorable going to another option. You can reach me here or directly at redacted

reply by a searcher 2yrs ago
from University of Virginia in Charlottesville, VA, USA

I might be saying the same thing as folks above, but my first business we started with an SBA and are in the process of refinancing with a traditional cash flow loan. It mostly comes down to finding a lender you like, who has attractive terms, and making sure your business has enough EBITDA coverage to support the new loan. DM if I can be of any other assistance.