504 Loan Program: Comprehensive Guide to Debt Refinancing Changes

Discover the transformative amendments to the SBA’s 504 Loan Program, designed to simplify the application process and broaden access for small businesses. This course provides an in-depth look at the removal of refinancing caps, enhanced loan value requirements, and new eligibility standards. Equip yourself with the knowledge to leverage these changes for financial growth and stability.

In this course you will learn the following:
* Understand the key changes in the 504 Loan Program regulations.
* Identify the new eligibility criteria for debt refinancing with and without expansion.
* Implement the revised loan application process.
* Recognize the consequences of non-compliance with the new rule.