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SBA launches temporary commercial mortgage loan program

The U.S. Small Business Administration has launched a temporary program aimed at helping small business owners with commercial mortgages. Small business owners who have balloon payments for commercial mortgages before Dec. 31, 2012, may be able to refinance their mortgage debt with a 504 loan. Structured like the SBA’s traditional 504, the loan requires borrowers to… Continue Reading SBA launches temporary commercial mortgage loan program