International Logistics Company Refinances its SBA 7(a) Loan with an SBA 504 Loan

Entrepreneur

Logistics and freight forwarding business in Houston, Texas, established in 2005.

Real Estate Opportunity

SBA 504 Loan funded the refinance of a 40,000-square-foot office warehouse, lowering and fixing the interest rate to improve cash flow.

Financing Package

Texas-based community bank:
$800,000 1st Lien Conventional Loan

Community Business Finance & The U.S. Small Business Administration:
$650,000 2nd Lien SBA 504 Loan