Tag Archives: commercial hard money lender

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.

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.

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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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Why Real Estate Investors Use Commercial Hard Money Loans

October 11, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loansbigdaddydennis

Successful real estate investors understand that leveraging other people’s money is the way to build your own wealth. Commercial hard money loans are a popular tool to accomplish this process.

Savvy real estate investors know that using other people’s money to fund great deals is the fastest way to grow your personal wealth. This method allows investors to purchase much more expensive properties which increases their profit on each transaction. And in return it also provides the lender with a nice return on investment.

Commercial hard money loans are not like traditional loans in that they are not a one size fits all loan. In most cases the dollar amount of the loan and the terms are customized to meet the needs of each transaction. This means that a first time flipper can get a loan that offers the dollar amount and the time frame that is needed just as a commercial investor can for a much larger deal. This flexibility makes commercial hard money loans very appealing to all real estate investors.

Another benefit of commercial hard money loans is that approval is based less on the borrowers credit score and more on the merits or the property or deal being made. This opens up the commercial real estate industry to investors who might not have perfect credit or who already are carrying a few mortgages on other properties. The final decision on getting a loan rests on the merits of the property that is being purchased and used as collateral.

Personal Attention Has It’s Benefits

Borrowers also like to use hard money lenders because they are working with a person and not a huge lending institution or bank. Not only does this make the process much faster but it also can offer a much more personal and tailored transaction. You are not calling a number only to get passed from one department to the next to get a question answered or check on the status of your loan. You work with the person whose money you are borrowing and you can make direct contact to resolve an issue or answer a question.

Nontraditional Can Be Better

Hard money loans are not the best solution for every commercial real estate transaction but they are a unique solution for many of them. The terms of the loan can meet each borrowers needs and can be processed in a fraction of the time that is required for a traditional loan. The cost for this custom service is more than the fees for a traditional loan but are worth it if you were struggling to get financed at a bank. And in the case of a real estate investor who might be in process on several deals, there is not the high risk issue on a hard money loan as there would be on a traditional loan. The merit of the individual deal is what carries the weight with a hard money lender. Hard money loans are favored by real estate investors because it is a means to increase their business and their profits.

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4 Benefits of Commercial Hard Money Lenders

October 11, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loansbigdaddydennis

As a real estate investor you understand the importance of having a relationship with a lender and you also know that even your regular lender will only grant a loan under certain conditions. The solution to the fickle world of commercial lending is to cultivate relationships with commercial hard money lenders.

Having a relationship with a bank that you trust is important, but there are no friends in the banking world. Every deal must go through the same arduous process of applications, verification and a loan board for approval. You can be submitting your first application or your hundred and first and it will still need to go through the same motions. But commercial hard money lenders are a great option to avoid the long traditional process which is muddled by numerous qualifications and criteria. It is clear that the benefits far outweigh the added costs charged by commercial hard money lenders.

Hard money lenders are most often individuals or a small group of people who are in the business of loaning their own money to borrowers. This means that they are in control of the process and are not required to follow the long application and approval process that traditional lenders are mired down with. Hard money lenders are less interested in your credit history and credit score and more interested in the value and merit of the deal that you are working on. They understand that if you default on the loan then they are going to need to foreclose on the property being used as collateral and sell it to recover their money. So the value of the collateral is their primary concern.

In addition, commercial hard money lenders offer a much more expedient process when processing a request for a loan. It makes sense that with fewer people and departments involved the process can move more smoothly and quickly. This is very helpful to a real estate investor who has found a great deal and needs to act quickly before someone else closes on the property.

A Professional Resource

Another benefit of working with a hard money lender is their knowledge of the commercial real estate industry. Although most are not in the business themselves, they are very familiar with the market and have educated themselves to allow for good decisions when considering loan requests that they receive. They are also knowledgeable about the state laws surrounding commercial real estate as that can have an impact on their part of the loan. In short, a hard money lender has the knowledge of the industry but is in no way a competitor of yours and should be considered a good resource and reliable ally.

More Deals Means More Money and Profit

Forging a strong relationship with a hard money lender will ensure that you have a reliable resource whenever you need a loan for a property. With less stringent requirements the lender is more likely to appreciate your request to carry multiple loans and know that more loans equals more money for both of you.

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Commercial hard money loans: Benefits and Pitfalls

October 9, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loansbigdaddydennis

Commercial hard money loans have easier qualifications and a faster approval process when compared to traditional bank loans.

Hard money loans differ from traditional loans in a number way and these differences make this type of lending ideal for seasoned real estate investors who need take advantage of an immediate opportunity.

Hard money loans are essentially short term bridge loans used to take advantage of immediate investment opportunities that can translate into a quick profit. Hard money loans can be quickly approved often within a matter of days. These loans are given by private groups or individuals, each with its own criteria about who can qualify. Typically though hard money lenders are concerned with the value of the property that is being financed rather than a borrowers credit score. This makes hard money loans somewhat easier to qualify for than traditional loans. These lenders look at the fundamentals of the property being borrowed against, the amount of cash a borrower has on hand for a downpayment and sometimes the borrowers real-estate investment experience. This is in stark contrast to traditional banks that will reject borrowers out of hand simply because of a poor credit score. Hard money lenders also offer short term loans that a traditional bank would never consider. This makes this type of lending ideal for investors who need to finance a short-term project with a quick turn around. Because these lenders are private groups and individuals there is also more room to negotiate the terms of the loan. Borrowers could potentially tailor the repayment terms, negotiate the interest rate or have specific fees eliminated depending on their situation.

But Hard money loans can be pricey costing borrowers ten percent more than a conventional loan. Hard money lenders assume greater risk, because usually they forgo credit checks on borrowers and therefore have to charge a higher interest rate. Typical rates on hard money loans range from 9 to 14 percent. This is in addition to loan origination fees, a percentage of the total loan amount, which can be up to 4 percent. Hard money lenders also expect a steep down payment, often of 25 to 30 percent.

Commercial hard money loans are best used as short term financing.

The life span of a hard money loan typically ranges from 2 to 4 years. This short term, protects the hard money lender from the risk that a borrower could refinance at a lower interest rate before the loan comes due. This short repayment period means hard money loans are best used for projects can turn a quick profit.

Commercial hard money loans may be a good option for experienced real-estate investors who need to take advantage of an immediate opportunity which can quickly translate into a profit.

It may best to be to have considerable real-estate investment experience before pursuing a hard money loan. These loans are short term and borrowers need to know that their project can quickly achieve a profit within a limited time frame. It is important for borrowers to fully comprehend the terms of any hard money loan and understand the repayment schedule. Still hard money loans are faster and easier to qualify for when compared to traditional bank financing and are a safe bet for seasoned real-estate investors who need to take advantage of an immediate opportunity.

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Banks Known for Commercial Lending in Texas Reach a Mutual Termination Agreement That Benefits Both Parties

September 28, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial lending in texas, commercial lending texasbigdaddydennis

Two top commercial lending in Texas banks have recently terminated their merger agreement that was established at the beginning of this year, on January 23^rd. The mutual termination was needed for bother companies to continue to be successful on their own.

Hope Bancorp, Inc., the holding company for Bank of Hope had reached a merger agreement in January of 2017 with U & I Financial, which is the holding company for UniBank. Just last week, Globe Newswire reported that the two companies entered a mutual termination agreement.

Hope Bancorp, who specialize in commercial lending in Texas, had reported financial weaknesses after the 2016 audits of financial statements. Luckily, they have since made progress to improve and fix these issues in their own financial systems. As stated in the original merger agreement, because of the financial weaknesses found with Hope Bancorp, it has been agreed for the merger to not be complete.

The termination of the merger agreement includes that each party involved is responsible for their own costs and expenses that are associated with the termination transaction. However, this does exclude any fees or penalties that are caused by the actual termination between Hope Bancorp and U & I Financial.

Top commercial lending in Texas bank is eager to bounce back after financial instability

Hope of Bank happens to be the first and also only Korean bank in the country. They have $13.9 billion dollars in total assets and Kevin Kim serves as President and Chief Executive Operator. Kim has expressed his disappointment in the merger not going through, but he agrees this is the best decision for both parties involved. Bank of Hope currently has 64 branches across the United States, including some in Texas who specialize in commercial lending in Texas. They also specialize in other business banking products for small to medium size businesses.

Bank of Hope is trained in commercial lending in Texas and also lends a helping hand to the Small Business Administration

Hurricane Harvey hit the southeastern part of Texas hard just a few weeks ago and the entire area is trying to make progress and rebuild, especially those needing commercial lending in Texas. With the merger, not being completed between Hope Bancorp and U & I Financial, these two establishments are able to focus more of their efforts on helping the area rebuild after Hurricane Harvey damaged 18 counties in the state.

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Becoming Familiar with Commercial Lending Documentation is Critical to Your Success

September 24, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loans, commercial lenders, commercial lendingbigdaddydennis

Understanding what each commercial lending document states and how that information is critical to your loan is very important to insure that you are getting the loan and terms that are best suited for your needs. It also helps you to understand what is expected of you and your business during the time frame of the loan.

Your loan agreement will contain most of the important information about your obligations to the lender and their obligations to you. First, the agreement defines the parties involved in the loan agreement. It is stating that your business and you by extension are the borrowers and if also defines the lender. Next it will cover the legal items such as conditions precedents, representations and warranties, affirmation covenants and negative covenants and events of default. All of this legal information is best reviewed by your business lawyer or attorney. In most cases it is very standard but even the most standard of legal documents can be confusing to anyone without a law degree. It is always best to have any contract or agreement reviewed by a legal professional before signing.

The promissory note is a document that provides the lender with additional security and confidence that they will get their money back for the loan that they are processing for you. This document is telling you, the borrower, how much is to be paid back and when it is to be paid. You are agreeing to the terms and conditions of the repayment schedule by signing the note. It is also important that you understand that a promissory note is a liquid asset and that it can be sold by the lender.

There are a number of other documents that your lender could include in your processing. Some would pertain to your business such as the corporate resolution, the deed of trust, the guaranty, and the pledge agreement. Other documents are very general but cover any legal loopholes that might arise. These documents could include an error and omission agreement, the disclosure and authorization forms and the security agreement. Again, any of the documents that you are not familiar with should be reviewed by your legal professional prior to the signing of the loam agreement.

The Borrowers Commercial Lending Agenda

When you are reading the loan documents you will be looking for certain points which should be defined to meet your needs. You want to see that funds will be available when you need them and at the interest rate that you had agreed upon. You will also want to verify the repayment terms of the loan. This means that you have the time that you requested to complete the repayment process and that any grace periods that you requested are included in the documentation. In general, you are looking for the lowest cost loan with the most beneficial repayment plan that you can get.

Understand the Lenders Goals

As well as understanding your goals and requirements for the loan you need to understand that the commercial lending firm has the opposite goals. They are looking to make money from the process and to do that they will need to get as much interest from you as possible. This can be done with a higher interest rate, a balloon payment or added fees. Reading and understanding all of the documentation for your loan will insure that you are getting the best loan to meet your needs and at a fair cost.

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Commercial Lending from the SBA

September 24, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loans, commercial lending, commercial lending texasbigdaddydennis

Commercial lending through the Small Business Administration has many advantages for your business. But you will want to be sure that you understand the guarantee fee and other loan fees.

Any time you are researching commercial lending options, you need to be fully aware of the entire fee structure of each lender to be certain that you are selection the best option to meet your needs and your budget. In most cases the SBA is not the lender, but they do offer the lender a guarantee on certain types of loans. The cost of the guarantee is then passed on to the borrower. But the benefits to this type of loan are the lower interest rate and the longer repayment term.

Normally the SBA will guarantee between 75% and 85% of your loan and that is the amount that they use to calculate the guarantee fee. A very short term loan of less than a year will have a rate of .25% for the guarantee while longer term loans can be calculated at a rate up to 3.75%. This process is in place for all SBA 7a loans. There are also some additional fees that can apply to a 7a loan as well as other loans offered through the SBA.

There is an origination fee that can range from .5% up to 3.5%. The percentage that you will pay is determined by the lender that you are using as well as the size of the loan that you have requested. You will also be paying a loan packaging fee. This is a service that is provided to you to help improve your chances for approval during the commercial lending application process. In most cases borrowers are not familiar with the process or the amount of documentation that is required for approval. The application package represents your first impression to the lender and is critical in a successful loan. The broker fees and service fees are fairly self-explanatory. These are similar to any loan that you would ever apply for and it covers mostly the administrative side of the process.

Understanding Closing Costs

Commercial lending closing cost tend to cover a more broad scope than you might think. These are the fees that pay for any appraisal that might be needed, determining the valuation of your business, an environmental report for any property that might be included in the deal, the title fee for the property and any legal fees. It is very important that an attorney review all of the loan documents prior to you signing them. This ensures that you are protected and that the documents are all legally binding to all parties involved.

When the Fees Are Paid

As you read through the list of fess that can be included in an SBA loan, you might begin to worry about the total cost and how you might be able to afford to pay the amount up front. But another benefit of working with the SBA for a loan is the fact that the guarantee fees and origination fees are rolled into your loan and paid over the term of the loan. The only fees that you must prepay are the appraisal fee, the business valuation fee and the environmental fee. The title fee, loan packaging fee and the attorney fees are normally paid at the closing of the loan.

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Using Seller Financing to Purchase Texas Commercial Real Estate

September 24, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loans, texas commercial loans, texas commercial mortgage, texas commercial real estatebigdaddydennis

Seller-financing can save both buyers and sellers the hassle of applying for a traditional mortgage. But both parties should be comfortable throughout the process.

Seller financing is just what it sounds like, the seller takes out a loan to enabling the buyer to purchase the property. The process involves the buyer and the seller executing a promissory note, which specifies the interest rates, payment schedule and the consequences of default. Essentially the buyer pays the mortgage directly to the seller. This process takes banks out of the equation and can help potential buyers who wouldn’t otherwise qualify for a traditional mortgage.

Sellers potentially could sell the property faster by offering financing up front. This can save them the time of waiting for the right buyer to come along and purchase the property. Because the terms of the mortgage are arranged directly between the buyer and seller, there is no need to wait for bank approval. The removal of banks from the equation reduces closing costs as there is no need to pay bank fees or wait for an appraisal. The terms of the down payment are arranged between the buyer and the seller, potentially meaning less money is needed up-front. Seller financing therefore could be an ideal arrangement for new real estate investors without a good credit profile or an established track record.

Seller financing is rare and if you want buy

Texas Commercial Real Estate this way ensure

that the seller is comfortable.

Seller financing is uncommon because so many people are unfamiliar with it. Sellers themselves are often uncomfortable with this arrangement. Because of this, seller financing is usually only offered in markets where traditional mortgages are hard to come by. In strong markets buyers seeking seller financing may seem untrustworthy. But if you are a buyer and if seller financing isn’t offered directly, you can always ask for it. Ensure the seller understands the financial benefits in clear terms and ensure they are comfortable with the process. Sellers may see a drawback because they don’t get the full asking price up front. If this is the case you can explain that they can sell the promissory note to other investors, which means they will get the full asking price immediately.

Even with banks removed from the process you will still have to prove your worth as a borrower

Both parties may have a shared interest in avoiding the traditional mortgage process. But you will still want to convince the seller that you are trustworthy. If you want to initiate seller-financing, you may need to explain why you couldn’t qualify for a traditional mortgage. However essentially the terms of seller-financing will largely depend on your ability to establish a good relationship with the seller. Of course always consult with qualified experts throughout the process. Don’t use templates found online in order to make any agreement. Have a lawyer draft the arrangement in clear terms so that both you and the seller are protected.

The advantage of having a potentially lower down payment makes seller financing an ideal arrangement for those seeking to purchase commercial property for the first time. Seller-financing also saves you the expense and hassle of applying for a mortgage from a traditional bank. However if a seller isn’t offering financing up-front, it is vital that you to a good relationship with them before pursuing this arrangement.

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The Dangers of Loan Stacking

September 21, 2017Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial hard money loans, texas commercial loans, texas commercial mortgagebigdaddydennis

Getting additional financing to fund your business may be enticing. Many online lenders are often all to willing to issues small businesses additional loans. But “loan stacking,” or getting one loan on top of another is a practice every business should avoid.

Loan stacking is just what it sounds like, taking out new loans on top of pre-existing debt. Loopholes can allow borrowers to get loans from multiple lenders over the internet. Some predatory lenders even make it their business to offer multiple loans to a single borrower.

Unfortunately the online lending landscape can make loan stacking all to easy. Online lenders often only perform soft-credit checks on potential borrowers. Soft-credit checks don’t appear on credit reports. This potentially leaves lenders without an idea of how many times a borrower may have applied for financing. Some online lenders don’t even report to credit bureaus. Essentially a lack of consistency in reporting practices, automated underwriting and soft credit inquiries leave can leave lenders unaware of loan stacking, until it is all too late.

No right minded business owner would consider loan stacking a sound financial strategy. But traditional loans can be hard to qualify for and may take a long time to process. If a business owner encounters an unexpected expenses they are likely to turn to the fastest source of financing available. The type of loan that is most frequently stacked are merchant cash advances. Merchant cash advances are an expensive type of short-term financing that is unfortunately all to easy to qualify for. Merchant cash advances are paid off with a percentage of a businesses daily revenue. As long as money is coming into a business, more than likely the owner can take out a merchant cash advance. Taking out an advance may be advisable if there is an unexpected expenses which must be paid immediately. But taking out a new advance to pay for the previous one is clearly not a good idea.

Stacking multiple merchant cash advances can leave you in a dangerous and untenable situation.

Merchant cash advances can consistently eat away at your businesses revenue streams. Everyday a percentage of your income goes to paying off outstanding cash advances. Having multiple advances at the same time means a growing percentage of your income goes to servicing your debt. Depending on the terms of the advance this burden increases, perhaps to the point where you need to take out a new advance in order to pay for the previous one. To avoid this situation keep every loan in perspective. See merchant cash advances for what they are, a short term solution for an immediate financial need.

Merchant cash advances should be viewed as short-term debt that must be paid off quickly.

Don’t use short-term financing (i.e. Merchant cash advances) to meet long term financial goals. Taking out an advance to expand your business is probably not the best idea. The advance may come due before the profit of any investment can be realized. Without the extra income from your new investment, you’ll likely need extra money to pay off your short term debt, compelling you to take out another loan . This leads to the cycle of “loan stacking.” Avoiding this debt trap involves keep each Texas Commercial Loans in perspective and have a clear strategy to pay off each one.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

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.”

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.

Successful real estate investors understand that leveraging other people’s money is the way to build your own wealth. Commercial hard money loans are a popular tool to accomplish this process.

Personal Attention Has It’s Benefits

Nontraditional Can Be Better

A Professional Resource

More Deals Means More Money and Profit

Commercial hard money loans have easier qualifications and a faster approval process when compared to traditional bank loans.

Commercial hard money loans are best used as short term financing.

Commercial hard money loans may be a good option for experienced real-estate investors who need to take advantage of an immediate opportunity which can quickly translate into a profit.

Two top commercial lending in Texas banks have recently terminated their merger agreement that was established at the beginning of this year, on January 23rd. The mutual termination was needed for bother companies to continue to be successful on their own.

Top commercial lending in Texas bank is eager to bounce back after financial instability

Bank of Hope is trained in commercial lending in Texas and also lends a helping hand to the Small Business Administration

The Borrowers Commercial Lending Agenda

Understand the Lenders Goals

Commercial lending through the Small Business Administration has many advantages for your business. But you will want to be sure that you understand the guarantee fee and other loan fees.

Understanding Closing Costs

When the Fees Are Paid

Seller-financing can save both buyers and sellers the hassle of applying for a traditional mortgage. But both parties should be comfortable throughout the process.

Seller financing is rare and if you want buy

Texas Commercial Real Estate this way ensure

that the seller is comfortable.

Even with banks removed from the process you will still have to prove your worth as a borrower

Getting additional financing to fund your business may be enticing. Many online lenders are often all to willing to issues small businesses additional loans. But “loan stacking,” or getting one loan on top of another is a practice every business should avoid.

Stacking multiple merchant cash advances can leave you in a dangerous and untenable situation.

Merchant cash advances should be viewed as short-term debt that must be paid off quickly.

Two top commercial lending in Texas banks have recently terminated their merger agreement that was established at the beginning of this year, on January 23^rd. The mutual termination was needed for bother companies to continue to be successful on their own.