Looking for direct lenders. This is in Pico Rivera, CA. It's an automotive repair facility. DCR =1.25 It was purchased in 11/05 for 3M.

He owes 2.2M and the value is 3M. We can go full doc. His FICO is 720+. He pays $10,803 for the 1st and his 9.0% SBA loan has a payment of $9,000. The goal is to consolidate both loan to a payment around 15,000 or lower.

Tough deal to do beause the loan hasn't been seasoned yet. Also, the SBA loan probably has a hefty prepayment penalty. Best bet is bridge financing (which probably won't lower the monthly payment) or wait a year or so. Good luck!