Scientific Capital Arranges 2 Million Refinance of the SBA 504 Loan of Clarion Hotel of Indianapolis, Indiana
Irvine, CA, November 26, 2012 --(PR.com)-- An SBA 504 loan can be refinanced in its entirety with an SBA 7a loan. When refinancing a 504 loan involves complex changes such as partner/guarantor buyouts as it was the case in this transaction, SBA 504 poses limitations in which cases a complete refinance is warranted. Scientific Capital was able to identify these limitations immediately upon the outset of this project and to structure this refinance to not only achieve the partnership/guarantor transfers but to include nearly 450,000 in Property Improvement Plan (PIP).
Scientific Capital Group, Inc. (www.scicap.com) is a hotel financing advisory and brokerage company established in 2003 in Irvine, California offering services throughout the 50 states. For more information, please contact Ramin Mostaan at (949) 477-5000 or email at ramin@scicap.com.
Scientific Capital Group, Inc. (www.scicap.com) is a hotel financing advisory and brokerage company established in 2003 in Irvine, California offering services throughout the 50 states. For more information, please contact Ramin Mostaan at (949) 477-5000 or email at ramin@scicap.com.
Contact
Scientific Capital Group, Inc.
Ramin Mostaan
949 477 5000
www.scicap.com
National Hotel Finance Company
Contact
Ramin Mostaan
949 477 5000
www.scicap.com
National Hotel Finance Company
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