Using the SBA 7(a) Loan to Refinance Debt
It may not be common knowledge, but the SBA 7(a) loan is a great way to refinance debt obligations for your small business!
The SBA 7(a) loan is an excellent tool for improving your business's financial standing. Business owners can use the SBA 7(a) loan to get better terms on existing debts or business mortgages.
Most businesses have some debt, but if your loan terms are unreasonable and you can no longer meet the terms or afford the payments, you’re faced with the need to r…