SBA loan refinancing
January 13, 2025
by an investor from University of California, Berkeley - Haas School of Business in San Francisco Bay Area, CA, USA
I’m looking for insights from anyone who has experience refinancing a 7(a) loan after purchasing a business. We acquired our company two years ago, and recently, both BoA and Chase have reached out about refinancing our SBA loan.
Has anyone gone through this process? If so, I’d really appreciate hearing about your experience—what to expect, potential benefits or pitfalls, other lenders we should talk to, and any advice you might have.
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA