Refinance out of SBA debt without PG

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by a searcher
in New York, NY, USA

9mos ago

Refinance out of SBA debt without PG

Looking to refinance out of SBA Debt. Doing above 3 million in ebitda. Have had the company for a couple years now. Any banks where I can refinance my SBA loan without a PG?

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reply by a lender 9mos ago
from University of Southern California in Los Angeles, CA, USA

Hi anon - your best option would be to look at SBIC lenders, but expect your rate to go up probably to 11-12% a year.

reply by a lender 9mos ago
from University of Wyoming in Phoenix, AZ, USA

Where is your business located ?