The Challenge
Courtside Sports brought Success Capital into the conversation during the planning phase. As a start-up business, SBA 7(a) financing was the better option at the time. Once the business became established, refinancing through the SBA 504 program became an option.
Loan structure
Success Capital helped Courtside Sports refinance its existing financing through the SBA 504 Loan Program, providing long-term financing with a below-market, fixed interest rate.
Results
The business secured long-term, fixed-rate and affordable financing providing greater payment stability and positioning Courtside Sports for continued growth. Proof that SBA 504 financing is a great tool for refinancing, too!