Able to Refi SBA 7a loans with current negative cash flow?

[David Huffman]

I was told by another member of this group how amazing it is and I hope it can help me with ideas or just advice.

I'm a fairly new business owner who has taken out SBA 7a financing a few years back. Our first year of business was great and the cash built up monthly without struggle.  We turned to expand our business at the beginning of year two. This is where things started to struggle. Cash flow started to trend down just under a year and a half of operations. We finally finished expansion this fall, but operated at a negative burn rate for 1.5 years and will likely remain negative until March of 2019. Luckily we based our business model on a 7 year payback structure with 10 year loans as a buffer, with our revenue decline this is the only thing making our negative burn manageable.

What I'm curious to find out, with rising interest rates, and adjustable rate SBA loans considering our current situation, is there any way to find a refinance to take over our financing at a fixed rate? Also, possibly releasing a large portion of equity tied up in the financing in the same move?

Thank you in advance for any ideas and or feedback. All is welcome.