SBA 504 REFINANCING PROGRAM - "OTHER SECURED DEBT"

The SBA 504 Refinancing Program allows borrowers to use the refi proceeds to repay "Other Secured Debt", if the debt is secured by the assets being refinanced. Does anyone have experience structuring outside money (i.e., non-bank, non-mezz money) in a way that meets the SBA's eligibility requirements of "Other Secured Debt"?



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