SECC Closes a $500,000 Restaurant Refinance, Working Capital and Debt Consolidation Loan – Reduces Borrower’s Interest from 17% to 6.25%

This borrower had worked hard to build his small family restaurant into a profitable business, but he was shut down at every turn when it came to accessing affordable capital. Most conventional and SBA lenders don’t lend to the restaurant industry because they consider it high risk.