NEW!! 504 Refinance Rules!

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At MCDC we believe in providing timely and accurate information to our lending partners.

After much anticipation, the Small Business Administration (SBA) published the new interim final rules for 504-debt refinancing programs as authorized under Section 328 of the Economic Aid Act on July 29, 2021. The new rule is effective immediately. The updated regulations significantly expand the usefulness of 504-debt refinancing programs to assist small business recovery and growth.