SECC Closes a $1,221,600 SBA 7(a) Motel Refinance and Provides $177,600 of Working Capital

SECC refinanced and consolidated eight (8) business loans including a number of high interest rate private loans, drastically lowering the borrower’s monthly interest expense. We also provided this business owner $177,600 of working capital to help with motel upgrades and boost struggling on-line reviews.