Can I refinance my SBA 504 loan?
Can I refinance my SBA 504 loan? Borrowers are able to refinance up to 90 percent of the current appraised property value. The refinancing may also include Eligible Business Expenses, with a maximum Loan to Value of 75 percent. To be eligible for the 504 Refinancing Program, a business must have been in operation for at least two years.