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My wife and I run an Adult Family home for senior citizens. We have two properties and together they have a current total value of $375,000.00 What we are in need of and drastic need of is to find a lender or grant that would be available for this type of business to pay all current debts of the business to date thereby lowering some of the higher percent interest rates and various other issues that have come to pass in the course of running the business. The current total for ALL outstanding debts comes in at 326,000.00 which is the amount we would like to consolidate into a 15 year fixed 6% rate loan. The two real properties could maintain the lien for the amount financed and the payments of about $3,000 would be much better then the current total payments made per month of almost $6,000. If anyone knows of any government assitance programs that would help our situation in either grants, or secured loans, or insured loans for 3rd party lenders etc, it would be truly appreciated if you could let us know by responding here.
We love caring for people and do not wish to have to close down the business, so please if you have anything that may help please let us know.
WA Care Givers