Debt Refinancing Available Through the SBA 504 Program

Effective July 29, 2021, business owners can now save money and refinance existing conventional loans, SBA 7a loans and SBA 504 debentures. A new rule was just enacted by the US Small Business Administration (SBA) to better meet the debt refinancing needs of small...

Loan Risk Management During a Downturn

Press Release | June 2020

Part of our job here at Extensia Financial—a very significant part—is to help our partners navigate the complex matter of risk management. This is one of the many functions a credit union service organization (CUSO) performs. In the midst of the current public health and economic crisis, we are fielding quite a few calls pertaining to the lack of…