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What is the best way to refinance a high interest business loan? |
What is the best way to refinance a high interest business loan? Depending on the type of loan you have the best interest on any business loan is an SBA loan. Generally they are prime plus two points. they can be used to purchase buildings and equipment but not working capital. However, if you have a creative presentation for the loan you maybe able to get the results you want. Get out the Patroit Loan Express program for SBA go to SBA.gov Source(s): SBA.gov Hope for higher profit at business & pay http://www.freewebs.com/get-loans/... if it is realestate based and you've been in it for a while you should be able to refi to something better ive seen commercial financing at7% look areound for options directlendingplanet.com Issue redeemable preference shares. you need only pay dividend if you wish and you can redeem them any time you wish. |
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