AEX Commercial Financing Group
Feasibility of Refinancing an SBA Loan
SBA Loan refinancing has usually been a very difficult proposition. The most problematic commercial mortgage business loan scenarios for many commercial borrowers will be the refinancing of a Small Business Administration loan (SBA loan) or getting the initial SBA loan. New business loan programs have dramatically improved SBA commercial mortgage refinancing restrictions.
Because AEX specializes in complex SBA loan financing and refinancing and other difficult business financing situations, we want to have individualized communication with the business owner during the initial stages of the commercial loan and commercial mortgage process. Borrowers who need help with difficult SBA loan and other business loan situations should contact AEX Commercial Financing Group for the earliest possible assistance and advice. As with other AEX services, SBA Loan Refinancing - SBA Loan Business Financing programs are available only to business owners and borrowers and their accounting - business - legal advisors and NOT residential mortgage or commercial loan brokers.
Avoiding Online Business Financing Applications
For many reasons, AEX does not make online business finance applications available on
our
websites. Online
business financing applications are designed to encourage commercial
borrowers to provide confidential information to a lender before it
is appropriate to do so. Our perspective is that a commercial borrower should not
submit an application (online or otherwise) until after the borrower
has a lengthy discussion with an experienced commercial lending advisor to determine that a business loan is appropriate
for their specific business situation.
Our precautionary advice about the increasing use of online business finance applications: