SBA 7A REFI SUGGESTIONS?
I’ve got an SBA 7a loan I’m 2 years into (8 yrs remaining on P&I loan at 7.75%) with balance of 650k and LTV of well below 30%. Lender has over $2m of real estate tied up and a PG. They won’t release the collateral even though we’ve massively delevered. Wondering if anyone has refi suggestions. Thanks!