Diesel Performance Company Acquires $2.5 Million Loan
$2.5 Million SBA 504 Loan
This Denver, CO diesel performance company sought a $2,500,000 SBA 504 refinance transaction. The customer was wrapped up in bank loans that were significantly higher than market averages. Avid Commercial was able to reduce the rate and re-fix the interest rate to something more appealing to the customer. In addition, Avid helped the customer refinance two hard money equipment loans that was having a significantly negative impact on their monthly cash flow.
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