Temporary 504 SBA loan program allows refinancing on assets
A new temporary Small Business Administration program provides working capital to small businesses by allowing them to refinance some assets.
A new temporary Small Business Administration program provides working capital to small businesses by allowing them to refinance some assets. The 504 loan program, which expires Sept. 27, provides fixed-rate financing at below-market rates.
The PPP is a great opportunity for small businesses hurt by COVID-19 to obtain much needed capital to pay bills, pay employees, and invest in getting back to business
The Federal Housing Finance Agency plan to overhaul the Home Affordable Refinance Program (HARP) would mean that only 17 percent of Fannie Mae and Freddie Mac 30-year loans qualify for refinancing.