Catawba Regional Participates in Commercial Debt Refinancing Program

Posted by admin on May 3, 2011

NEW LENDING OPPORTUNITIES

Section 1122 of the Small Business Jobs Act (SBJA) allows the SBA 504 Loan Program to be used for two years to refinance qualified debt where there is no expansion of the small business.  Congress has provided $7.5 billion in program authority for each fiscal year (9/30/11 and 9/30/12) for a total of $15 billion in 504 loans for debt refinance.

Click here to view the SBA 504 Refinancing Program Info Sheet.

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