REFINANCING SBA LOAN TO TAKE OUT SELLER FINANCING

Is it common to refinance SBA loans, with a new SBA loan to take out Seller Financing? In particular I'm wondering about the pluses and minuses of utilizing a refi after additional equity has been made and performance has been proven to take out Seller Financing that would otherwise be on standby for the life of the loan. Interested in all thoughts, but lenders in particular.



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