Refinancing a 7(a) into a 504 can be a smart financial move for businesses seeking better terms or additional funding. In this blog post, we will explore the basics of refinancing, scenarios where it’s beneficial, SBA requirements, necessary documents, and best practices for a seamless process. The Basics Borrowers can refinance an existing 7(a) loan into an SBA 504 loan. This process may allow businesses to obtain cash out for eligible business expenses (EBE) Debt must have been used to acquire eligible fixed assets, such as owner-occupied real estate and capital equipment. The ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The tenth installment in the series covers our specialty loan programs. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The ninth installment in the series covers our specialty loan programs. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The eighth installment in the series covers affiliation. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The seventh installment in the series covers affiliation. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The sixth installment in the series covers affiliation. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The fifth installment in the series covers advanced SBA 504 eligibility. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The fourth installment in the series covers the basics of SBA 504 eligibility. You can watch the webinar below and download the slides by clicking here ..read more

MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The third installment in the series covers the basics of the SBA 504 loan program. You can watch the webinar below and download the slide decks by clicking here. To see the example Sources & Uses page used during the webinar, click here ..read more

Mountain West Small Business Finance (MWSBF) is excited to announce that effective immediately, the Small Business Administration (SBA) has approved MWSBF as a statewide provider of 504 and Community Advantage loans in Colorado.  “For almost two decades, we have been lending to a number of small businesses in the western slope of the Centennial State,” John Evans MWSBF president explained. “And like our expansion efforts elsewhere, it’s obvious that small businesses and communities throughout the west are better served with more options for their lending needs.” Evans emphasized the expa ..read more