Monthly Archives: October 2017

What is Credit Risk and How it Can Affect Your Commercial Real Estate Financing

October 16, 2017Uncategorizedcommercial real estate financing, commercial real estate loan, commercial real estate loansbigdaddydennis

When it comes to securing commercial real estate financing for your business, banks and lenders will typically want to see your credit score and report. That’s because they must determine the credit risk — before deciding whether or not to approve your loan application.

Credit risk is the chance that a bank or lender will lose value when outstanding loans go unpaid. While financial institutions and lenders have many factors to weigh when it comes to ultimately determining whether your application will be approved, credit risk is an important one of those factors. Lenders can assess the risk associated with taking on your loans by determining your ability to repay the funds borrowed to you.

This capacity is based on the revenue that your company generates along with other factors such as the amount of collateral you have to put towards the loan. These are important aspects that lenders look at when it comes to deciding if your loan is “worth the risk.” In any instance, the lender takes on a certain amount of risk, however, they look to mitigate that risk whenever possible. They certainly don’t want to loan money to a business that shows no capacity to be able to repay the loan within agreed upon terms.

Another way lenders will assess this risk is by reviewing your past repayment history – via credit history or other loans. This can be either personal or business debt. Beyond just the amount you’ve borrowed and paid back, they look to see if your previous debts were repaid in a timely and appropriate manner. If you have delinquent marks based on late or missed payments, lenders may find themselves quickly tightening their purse strings when it comes to your commercial real estate financing.

Even if you are considered a credit risk, you still have the ability to be eligible for a loan.

You can minimize your credit risk by maximizing your loan to value ratio or increasing the amount of personal equity you can put towards the loan. Sometimes these things are enough to help you persuade a lender to loan you the commercial real estate financing you are in need of.

If you are rejected for a loan, don’t give up — you can still seek alternative lending options

While a traditional bank or other conventional lender may not be able to look past your credit risk, that doesn’t mean you will never obtain the loan you need. Seek other options, such as alternative lenders that are more likely to “take the gamble” on a higher-risk loan scenario that you might be in. Continue to search until you find the right lender — and the right loan — for you.

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

How to Prepare for Obtaining Commercial Mortgages

October 16, 2017Uncategorizedcommercial hard money lenders, commercial hard money loansbigdaddydennis

When your company is in need of a loan, whether it’s the first or if you have secured commercial mortgages in the past, there are still many things to consider. There are also a number of ways you can properly prepare to ensure the success of your loan application process.

Even if you have a solid business plan, a great credit score and squeaky clean credit history and collateral to boot, getting commercial mortgages loans can still be a lengthy and complex process. If you take some things into consideration before applying, you can avoid some of the pitfalls that companies make which ultimately may make the difference between getting approved for a loan… or not.

Before seeking a loan, you should know that during the underwriting process you will be subjected to thorough financial examination. You should have all financial records in order – such as bank statements, recent credit report, tax returns, business balance sheets and more – before applying for a loan. Some banks and lenders may also request that you complete a revenue and expense projection report. Having this information completed prior to application, will make the process go more smoothly.

In addition to business records, as the business owner you may be asked to show personal statements as well in order to receive a commercial mortgages loan. Banks and lenders will want to know as much about your personal financial background as possible before deciding if they want to give you a loan. They will want to review your personal credit score and history, and could also ask to see your personal tax returns or other important financial information.

Another way to prepare is to consider whether or not you have and/or will need to utilize collateral in order to secure your loan. Collateral, or assets from your company or personal use, can be used to secure a loan in the case of not so great credit history or other examples. The lender needs to know that if you are unable to repay the loan, he will not lose out. With collateral, you guarantee repayment and if you cannot repay with cash, the lender has the right to seize your assets as agreed upon in the contract.

The key to successfully obtaining commercial mortgages is preparation.

You’ve heard how important location, location, location is in residential real estate, right? Well, preparation, preparation, preparation is just as important when it comes to commercial lending. The better prepared you are, the better off you will be – and less stressed too!

Getting some assistance with your preparation is never a bad thing!

You may be an expert in your line of business, but if you aren’t keen on preparing a business plan or the like, it’s not a bad idea to bring in an expert to help you prepare to put your best foot forward when it comes to securing a loan. The more prepared, the less hassle you’ll encounter. But remember, lenders and banks aren’t trying to cause you grief – they simply need to protect themselves and ensure you have the ability to pay back the loan they are laying on the line for you.

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Avoid Making These Mistakes When Applying for Commercial Real Estate Financing

October 16, 2017Uncategorizedcommercial real estate, commercial real estate financing, commercial real estate loansbigdaddydennis

Sure, we all make mistakes, but some are bigger than others and can make a lasting impression on the future and success of your business. When it comes to securing commercial real estate financing, try to avoid making these mistakes.

There is a lot to learn about applying for a loan for your business, but you can get a head start by understanding a few of the pitfalls to avoid. One of the biggest mistakes is making a hasty decision when deciding upon the loan you need and the lender who can supply said loan. Take plenty of time to research the types of loans that are best for your business, and determine which is best for your business before leaping into the loan application process (online or otherwise).

If you’ve never applied for a loan before, it’s also a good idea to then seek a lender who is experienced in that type of loan as well as the industry of your company, can be a very important key in the success of your commercial real estate financing loan application process. They can advise you through the process, and help you negotiate better terms for your repayment schedule. It’s important that you get a good feeling about the lender you work with, and that you feel you can trust them with your business’s financial needs. Without their advice, you may end up wasting both time and money having to resubmit applications and documentation or even lose out on a desired property.

Another mistake is trying to go through the loan approval process without the professional counsel of an attorney that specializes in commercial real estate financing. A loan of this nature is a huge transaction, and a legally binding one at that, so it’s important that you understand all the fine print, hidden fees and jargon before putting your signature on the dotted line. An experienced attorney can help you navigate unfamiliar terms, conditions and clauses that you might not fully comprehend. To ensure the contract is just and reasonable, get an attorney.

There are also some things you can do to increase your eligibility and chances of getting your loan approved.

Having a solid business plan is crucial — you want to be able to prove the a bank or lender that your business will make money (so you can repay the loan). It’s also important to show a high FICO score and clean credit history. However, don’t worry if you have a new business or are still establishing business credit, you can still be successful at obtaining commercial real estate financing, though you may need to seek alternative lender options.

Don’t rush through the process and you will avoid making mistakes

Understanding that seeking a loan of this type is a major commitment and a decision that should not be taken lightly. A large loan is an investment and it can be risky if your business doesn’t make money right away or hits a rough spot and money gets tight. Take the time to make sure you get the best loan for your business and that you are comfortable with all the terms, especially repayment, to ensure the best success for your growing business.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Tips for Determining What Type of Commercial Hard Money Loans are Right for Your Business — Secured or Unsecured

October 16, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loansbigdaddydennis

Once you’ve figured out that you need to secure financing to help your company get off the ground or grow to the next level, there is still more to decide. You it’s important to know which type of commercial hard money loans are best suited for the funding you need for your business.

Determining that you need a loan is merely “step number one.” But as a business owner, you’ll need to be prepared to take many more steps towards selecting the type of loan you need and then going through the loan approval process. With all commercial hard money loans, there are advantages and disadvantages, and certain loans may suit your company’s needs more than others so it’s important to take some time to research the various types of loans or speak with a professional lender who can help advise you on what type of loans would be best for you and your business needs.

Two very common loans are secured and unsecured. They are the same in many ways; however, they also have some important differences. A secure loan, for example, is typically associated with a larger loan sum than an unsecured loan, and this is based on the amount of collateral that a business has to put up to back the loan. In the case of a secure loan, you can use collateral, or your company’s assets to obtain or “secure” your ability to repay the loan. If you are unable to pay the loan back, you could lose your collateral to the lender. Assets can be business equipment, a vehicle or even your home. Secure loans are often more flexible due to this reason. Because there is less risk involved with this type of loan, interest rates are typically lower than with an unsecured loan, and include options such as fixed or variable.

If you do not have any collateral to put up, you may need to seek unsecured commercial hard money loans. Without having collateral to back the loan, the lender assumes a higher risk. Because of this, unsecured loans typically are associated with higher interest rates and have a fixed (and sometimes rigid) repayment schedule. There is usually a timeframe for when the loan must be paid back within. However, one upside is that these loans are typically approved much more quickly than secured loans.

If you are unsure if a secured or unsecured commercial loan is right for your business, you may need to seek the guidance of a professional commercial lender.

Sometimes it’s just a matter of speaking with an expert on a topic to help you determine which loan is best suited for your business. There are also a few questions you can ask yourself to help you determine your needs – do you need a large sum of money? Are you in need of cash fast? Do you have something of value to put on the line as collateral? These are all things to consider and in these answers, you are likely to see which loan is best for you.

Once you’ve decided which type of commercial hard money loans you need for your business, you can move on to “step two.”

Research professional lenders that are experienced in the type of loan you desire, and also the type of business you are building or expanding. Having someone to help guide you through the loan process can make the entire process much more smooth and much less stressful.

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Work From Home with the Help of Commercial Hard Money Loans

October 16, 2017Uncategorizedcommercial hard money, commercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loansbigdaddydennis

It’s the new American Dream to have your own business that you can run out of your own home. With the assistance of commercial hard money loans, you can take your dream of working from home and turn it into a reality!

In today’s digital age, running a company remotely is perfectly within grasp — yes, you have to be willing to work hard day in and day out, but it can be done! Instead of wasting your life away at the office, punching another company’s time clock, think about how commercial hard money loans can be just the thing you need to catapult you from daydreaming about being your own boss to actually making that happen! Getting approved for a loan is one step closer to making your work-at-home dream come true.

Commercial hard money loans are asset-based loans, which means exactly what it sounds like. These loans are secured by your collateral such as inventory, machinery, equipment, real estate, accounts receivable that you can put up as assets. This is an ideal financing option for small start-up businesses that can be run out of the home.

Asset-based financing can be secured via private hard money lenders, and while they have many uses, it’s a good ideal to outline your investment plan in a solid and detailed manner prior to trying to get your loan approved, and be prepared to present a solid work-at-home business plan as well. In cases like this, your credit score might not play as much into the lenders’ decision to approve your loan as other factors might. While the credit score or event your debt-to-income ratio or personal finances won’t come into consideration nearly as much as a solid business idea and the ability to prove that this idea will make money. The more confident the lender is that you will be able to pay back the loan, the higher your chances of approval eligibility are.

You can own your own business and work from home with the help of commercial hard money loans.

Knowing that this type of loan can get you from just dreaming about your own work-from-home business to actually owning and running your own work-from-home business should be enough to get you started! Now it’s time to research lenders in your area and try to configure the loan amount you will be seeking.

To determine what loan amount you need and how much you’ll be responsible for paying back monthly, check online.

While you can’t rely on the internet for everything, it is a good place to start when you want to roughly calculate your monthly payment sum based on the loan amount you desire. You can do a quick search to find an estimation calculator online that can give you an idea of the amount you will owe monthly based on your loan amount. With the help of this type of loan, soon you’ll be up and running your new business out of the comfort of your own home and living the American Dream that you worked hard to achieve!

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How Commercial Real Estate Financing Can Be the Key to Managing Your Business Finances

October 15, 2017Uncategorizedcommercial real estate, commercial real estate financing, commercial real estate loan, commercial real estate loansbigdaddydennis

If your business needs cash to help get out of a rough slump or to continue to grow to the next level, short term commercial real estate financing can often help. By having an extra cushion of cash business owners can more easily manage their budgets and take risks when it comes to growing their businesses, and with these tips, your company’s finances will allow you to grow while also being able to pay back your loan.

It’s no secret that as a business owner, you shoulder a great deal of financial responsibility — not only to the growth of the company, but to your employees, vendors and suppliers, and more. Keeping a tight hold on your budget and managing your finances responsibly from the onset will help you in the long run. However, just because you can run “a tight ship” doesn’t mean your company wouldn’t benefit from the extra cushion of hard money from commercial real estate financing.

Even with a loan, it’s crucial to keep your monies organized. You should always keep your business and personal finances separate — no matter how big or small your business is or gets. That means securing a bank account as well as a credit card in the company’s name, not your own. This can help you stay organized when budgeting but also when it comes to filing taxes and establishing separate business credit. Establishing business credit becomes very helpful if you need to secure a long-term loan in the future.

Experts can help you not only with your commercial real estate financing, but with managing your budget as well. Just because you know what your customers’ needs are, doesn’t mean you are an expert at finances. Everyone has an area of expertise and if yours isn’t dollars, it’s a good idea to get help organizing and managing your budget. Whether that means hiring an accountant to handle billing and payroll, or seeing the help of “DIY” programs such as Excel or Quickbooks, utilize the tools and experts that are available to help make managing your finances easier on you — so you can refocus your efforts back onto the success of your growing business.

Do you research before seeking out and applying for commercial real estate financing.

If you take a good hard look at your budget prior to research and applying for loans, you might be surprised that there are some areas in which you can cut back your spending to loosen up the tight times. Being realistic about where you can scale back can help you determine how much you should apply for when seeking a loan. When the loan amount is dialed in to exactly how much you need and not too much more, than you don’t have to worry about getting wrapped up in a repayment schedule and high interest rates that you don’t even really need.

When you decide you are ready, consult the professionals.

Upon determining your desired loan amount, find a lender who will negotiate terms that will work for you so you are happy with the payment amount and it fits into your budget.

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What You Need to Know About Working Capital Commercial Real Estate Financing

October 15, 2017Uncategorizedcommercial real estate, commercial real estate financing, commercial real estate loans, commercial real estate loans in texasbigdaddydennis

If you need cash fast to get through a rough spot in your business or to catapult your business to the next level, you may benefit from working capital commercial real estate financing. Before applying for this type of loan, find out the benefits, and drawbacks, of this loan so you can up your chances of being eligible to receive funding.

When you need a loan, you may hear the term “working capital.” While it sounds formal, it’s really just a term that means the cash that a lender can loan to a borrower. This working capital can be used for important company needs for continued business operations such as employee payroll, monthly utilities, paying invoices and rent. There is always the chance of a company getting tight on funds and in that instance, working capital commercial real estate financing can be very helpful. A loan like this can make sure you keep your business running through tight times, even if you are low on cash flow and don’t have the ability to liquefy any assets.

Working capital loans have multiple benefits. They usually don’t require a lengthy or complication application process or approval time. The application process is not as strict as conventional loan processes sometimes can be, so this speeds up the process as well. Also, once a business is approved for the finances, funding can be received very quickly. Usually, once approved, funds are available to the borrower within seven working days. Another benefit is that the company is not required to use the funds for a specified purpose, unlike conventional bank loans that sometime have restrictions on how borrowers can use the working capital funds. Finally, companies that have less than perfect credit scores or history are still eligible for this type of financing.

Along with the benefits of working capital commercial real estate financing, there are some downsides. Though credit report review and application approval may be a bit ore lenient than a conventional application process, you may be responsible for more collateral to secure the funding. These loans also have shorter terms, which usually equates to higher interest rates than traditional long-term loans that have longer repayment schedules.

If your business represents a niche market, you may find that working capital commercial real estate financing is the right loan for your company.

Even if your business is a bit “out of the box” for traditional lenders to approve your loan, with certain loans that don’t require the loan money to be used in a specific way, this is ideal for new companies and small businesses in need of cash. This financing can be very helpful for companies that need to purchase inventory, supplies, equipment or other business needs. But beyond that, even if the company does need to use the funding for other purposes, it’s not an issue.

When you are in need of working capital, find a lender that specializes in this type of loan.

There are many lenders that focus on this type of loan, and know how to help companies like yours get the loan approval you need. Do your homework prior to meeting with a lender to ensure they can help you get the kind of working capital loan you need to help your business grow and succeed.

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The “Pros” of Short Term Commercial Real Estate Financin

October 15, 2017Uncategorizedcommercial real estate, commercial real estate financing, texas commercial real estatebigdaddydennis

To grow any business to the next level, it’s important to have the financial backing in place to be order to afford expenditures of expansion. Short term commercial real estate financing can take your company to next level but first you’ll need to understand what will be required of you to make sure you are eligible for this type of loan.

Short term commercial real estate financing can be just the solution to the problem of coming up short on cash. Unlike conventional financing options that have five or ten year repayment terms, the repayment schedule of a short term is typically much shorter — likely between three and six months. This type of financing is also usually approved easier than traditional long-term loans and the payment restructure can be made in not only smaller, but also more frequent payments – whether daily or weekly – versus a monthly lump sum. When securing this type of financing its important to figure into your budget the repayment.

Another “pro” of short term commercial real estate financing is that you can get the cash you need relatively fast. This is important when your company is in a tight spot and it’s also a good way for new companies to establish some business credit, which can be beneficial, and help them improve their chances of getting approved, if they need to apply for a larger conventional long-term loan later on. The ability to show a lender that you have had, and paid off, previously loans, helps your eligibility.

Short term financing is great for new companies and businesses with not so great credit history that are working on rebuilding their credit scores. These types of loan application processes don’t typically require a high minimum credit score for approval, which conventional lenders and banks usually do. However, if you are able to get approved for this type of loan and are able to restore your credit score by repaying the loan as outlined in the loan agreement, this can make other loan applications you may apply for later on look more desirable.

With short term commercial real estate financing, you don’t have to wait too long to get the money you need.

After applying for the loan, going through any additional necessary steps of approval, and finally, actually getting approved, you can receive the cash in as little as a day. For companies that are really in need of cash very quickly, this type of loan can really save the day!

As with any upside, there are some downsides, too. There are a few “cons” that are involved with this type of short term financing.

While these loans can be very helpful for new businesses and companies that are experiencing some growing pains and need cash fast, there are a few things to be aware of. These loans are associated with much higher percentage rates of these than the average APR associated with conventional long term financing. This is because the repayment window is much shorter. The APR is higher comparative to the length of the loan schedule, usually between three and six months. To estimate and convert the APR, add the finance charge plus the interest rate. Typically, lender fees will also be required for this type of financing.

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Tips to Create an Awesome Loan Submission Summary for Commercial Lenders

October 11, 2017Uncategorizedcommercial lender, commercial lendersbigdaddydennis

The application packet that you submit to commercial lenders is often a huge compilation of documents. Providing a succinct loan submission summary can be critical to getting your loan approved.

Commercial lenders all have staff members who do nothing but sort through the loan application submissions to ensure that they have the correct information and documentation included. Not only can this be a tedious process but it can also be difficult when the packet is not presented in a professional manner. Providing a submission summary is the perfect way to make a great first impression on the people who will help to determine if you get a loan or not. Providing some important and helpful information in an easy to understand format will help to get your loan application processed quickly and efficiently.

Commercial lenders want to be able to quickly learn about who is requesting a loan. This means that you will want to provide not only the name of the company but also who the owners of the company are and how to contact them if there are any questions. Included in this brief introduction to the owners should be their credit scores, personal contact information and any credit issues that they might have experienced in the past. This is just a quick information transfer for the lenders.

Provide A Brief Overview of the Property

Once the commercial lenders know who they are dealing with, their next question is about the purpose for the commercial loan is. Provide a clear description of the property that you are interested in purchasing. This should include the address, the type of property such as an office building, warehouse or other structure, and the size of the property. In addition, you should include what you believe to be the estimated value of the property. Having this information can be a great time saver for the person processing your request. Some quick research will let the lender determine if the property holds enough value to be used as the collateral for the loan amount that you have requested. This is a key piece of information and one that you want to know very quickly in the application process. If there are issues with the property value then the lender can contact you quickly to resolve them. Finally, include how you plan to use the property. In some cases your business could be the only tenant in the property but in other cases you might plan on leasing out the remaining space.

Make your Introduction Professional

Remember that your loan submission summary will be your first opportunity to explain your desires, goals and plan for accomplishing your goals to a potential lender. Be certain that you have a professional presentation that is easy to understand. Providing this summary can save the lender a great deal of time on processing your loan and it can also quickly alert them to any issues that might need attention. It is far better to have the lender contact you a day or two after the submission instead of a month after. That wasted time could cost you the property that you are planning to purchase.

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Preparing Loan Documents for Commercial Lenders as a Startup

October 11, 2017Uncategorizedcommercial lenders, commercial lending in texasbigdaddydennis

There are many documents and financial statements that commercial lenders will require from a business when applying for a loan. And that information can be even more critical when your business is a new startup.

When you are submitting loan applications to commercial lenders it is critical that you provide as much information as possible and that you understand the purpose of each document. The packet that you are compiling is very much a letter of introduction to you and your business and it provides the information that commercial lenders will use to form an opinion about your creditworthiness. The challenge begins when you try to give an accurate image of your new business. Without years of documented credit history and industry or trade credit it is difficult to demonstrate how responsible you will be when it comes time to repay the loan.

One major document that commercial lenders will examine for a startup company is the business plan. This is a detailed document that describes the company, the goals and the plan of attack for attaining the goals. It is in essence a road map that you plan to follow to grow the company. This will also explain to the lender your experience in the industry, your history of success in the industry and your management abilities. All of these are critical factors in the success of your new business. In addition to your business plan you will need to prepare detailed projections for the company. These should include your projected income for the next two or more years, projected operating costs and projected cash flow statements.

Because your business is an unknown entity due to its age, your personal financial and business history are going to have to provide the information and reputation to prove your worthiness as a business owner and as a business person. Financial documents including tax returns and net worth for the past 3 to 5 years will be needed as well as any documents displaying your ownership in other assets which might be used as collateral on the loan. You should also expect that the lender is going to require you to personally guarantee the loan in the event that your business fail. This is the reason that your personal finances are important.

Tell Your Story

Because the business is new, you are actually the narrative that the lender will be interested in. Your past business experience and accomplishments are what is important. Your resume and work history will be the beginning of the story of how you decided to launch your own business. In addition, letters of reference from other business professionals can be a great tool for you. Having respected members of your industry and the business world express their confidence in your abilities will provide a great insight to the lenders who are evaluating you and your business.

Understand the Qualifications for the Loan

As a startup business owner, it is imperative that you understand what lenders are looking for to approve a loan application. Once you have that information, then you can determine how you can best meet those needs and requests. In some cases you will not have the established credit or business history to qualify. But you might be able to apply to a less conventional lender to get that first commercial loan.

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Monthly Archives: October 2017

What is Credit Risk and How it Can Affect Your Commercial Real Estate Financing

When it comes to securing commercial real estate financing for your business, banks and lenders will typically want to see your credit score and report. That’s because they must determine the credit risk — before deciding whether or not to approve your loan application.

Even if you are considered a credit risk, you still have the ability to be eligible for a loan.

If you are rejected for a loan, don’t give up — you can still seek alternative lending options

How to Prepare for Obtaining Commercial Mortgages

When your company is in need of a loan, whether it’s the first or if you have secured commercial mortgages in the past, there are still many things to consider. There are also a number of ways you can properly prepare to ensure the success of your loan application process.

The key to successfully obtaining commercial mortgages is preparation.

Getting some assistance with your preparation is never a bad thing!

Avoid Making These Mistakes When Applying for Commercial Real Estate Financing

Sure, we all make mistakes, but some are bigger than others and can make a lasting impression on the future and success of your business. When it comes to securing commercial real estate financing, try to avoid making these mistakes.

There are also some things you can do to increase your eligibility and chances of getting your loan approved.

Don’t rush through the process and you will avoid making mistakes

Tips for Determining What Type of Commercial Hard Money Loans are Right for Your Business — Secured or Unsecured

Once you’ve figured out that you need to secure financing to help your company get off the ground or grow to the next level, there is still more to decide. You it’s important to know which type of commercial hard money loans are best suited for the funding you need for your business.

If you are unsure if a secured or unsecured commercial loan is right for your business, you may need to seek the guidance of a professional commercial lender.

Once you’ve decided which type of commercial hard money loans you need for your business, you can move on to “step two.”

Work From Home with the Help of Commercial Hard Money Loans

It’s the new American Dream to have your own business that you can run out of your own home. With the assistance of commercial hard money loans, you can take your dream of working from home and turn it into a reality!

You can own your own business and work from home with the help of commercial hard money loans.

To determine what loan amount you need and how much you’ll be responsible for paying back monthly, check online.

How Commercial Real Estate Financing Can Be the Key to Managing Your Business Finances

Do you research before seeking out and applying for commercial real estate financing.

When you decide you are ready, consult the professionals.

What You Need to Know About Working Capital Commercial Real Estate Financing

If your business represents a niche market, you may find that working capital commercial real estate financing is the right loan for your company.

When you are in need of working capital, find a lender that specializes in this type of loan.

The “Pros” of Short Term Commercial Real Estate Financin

With short term commercial real estate financing, you don’t have to wait too long to get the money you need.

As with any upside, there are some downsides, too. There are a few “cons” that are involved with this type of short term financing.

Tips to Create an Awesome Loan Submission Summary for Commercial Lenders

The application packet that you submit to commercial lenders is often a huge compilation of documents. Providing a succinct loan submission summary can be critical to getting your loan approved.

Provide A Brief Overview of the Property

Make your Introduction Professional

Preparing Loan Documents for Commercial Lenders as a Startup

There are many documents and financial statements that commercial lenders will require from a business when applying for a loan. And that information can be even more critical when your business is a new startup.

Tell Your Story

Understand the Qualifications for the Loan