Debt Refinance



Save thousands by refinancing high interest debt with a low-cost SBA consolidation loan

 

Don’t let high-interest debt crush your cash flow.

 

Refinancing existing debt with a low-cost SBA consolidation loan is an important step to take if you want to expand and save big. Large or frequent payments can make it difficult to run day-to-day business operations. Additional funds may be used for working capital to help your business expand.

 

Debt consolidation loans can be used to refinance:

 

Merchant Cash Advances

Short-term Business Loans

High-interest Business Loans

Daily or Weekly Payment Loans

Business Credit Cards


Short-Term Loan amount icon

LOAN AMOUNT
$30,000 – $350,000


SBA Loan rate icon

INTEREST RATES
6.75% – 7.75%*

 

How It Works

 

Pre-qualify Without Impacting your Credit

Pre-qualify in as little as 5 minutes without impacting your credit score. Simply provide basic information online and we’ll automatically tell you if you prequalify for an SBA loan from $30,000 to $350,000.

 

Provide Financial Information

Provide financial information about your business and its owners. Bancovia  will work with you to determine if you can make the low monthly payments for the 10-year term SBA loan.

 

Provide Documentation

Upload requested documents to complete your application. Your dedicated Relationship Manager can assist at any point throughout the process.

 

Get Funded

After your financial information and documentation are approved, funds can be deposited in your bank account in as fast as 7 days.

* Loans have a variable rate of Prime Rate plus 2.75% to 3.75%.

 

Apply Now