SBA LOANS

Debt Refinancing

Community Bank offers 100% refinancing of business debt. The loans to be paid off must have unreasonable terms, such as short maturities or high interest rates.

Community Bank will need the following items to begin the loan application process:

• > Business tax returns for the last 3 years
• > Interim financial statement dated within the last 60 days
• > If borrower has ownership in affiliate businesses, we will need copies of the last 3 years tax returns and financial statements
• > Personal Financial Statement and the last 3 years tax returns from all individuals with 20% or more business ownership
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• > Copy of all Notes/Leases to be refinanced
• > Completed loan application documents
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