Your small business wants to refinance a mortgage that is about to mature, but can’t refinance in the private market because the economic meltdown has left your business with real estate worth near the amount of your existing loan, or less.  If this sounds like you, the SBA’s new program may help your business stay afloat.

 A recent case made it harder for an unsecured creditor to defend a preference avoidance action in a bankruptcy.  This ruling may be particularly troubling to unsecured creditors in the construction industry, because it involved the potential for payment from bond proceeds.