Tag Archives: commercial lending

Finding A Commercial Lender When Banks Won’t Do

October 9, 2017Uncategorizedcommercial lender, commercial lenders, commercial lendingbigdaddydennis

In a contracting real estate market, it might be very difficult for potential borrowers to find banks that are willing to fund their endeavors. But potential borrowers can still find a commercial lender in an economically challenging time.

Traditional lenders are nervous about the current trends in the real estate markets. After the economic collapse 10 years ago, the market was relatively quick to rebound, at least in the area of commercial real estate. This expansion has also had the consequence of scaring banks and other lenders. They are worried about a lack of return of investment that tumbling property values inevitably brings.

In short, they are worried that an economic downturn is going to cost them like it did the last time around. The result of this is that a traditional commercial lender will raise the bar for dispensing loans, making it much more difficult, and much more costly, to acquire. As the market becomes more scarce, a lender is more likely to require increasing amounts of collateral or security before granting a borrower a loan.

But how does this affect borrowers who still need to find a commercial lender in spite of the many hurdles? Well, first, as a borrower, you should be prepared to not only work hard, but also to get creative in your search for financing. You might have to look for lenders in places that you had never thought of before.

One place that you might consider pursuing financing is a small, local bank. Not only will they be willing to work with you in a more personal way, but they are often looking for investment opportunities in the local community. It helps both of you if you can say that your commercial lender is someone down the street. This is especially true if you are an account holder there already.

Another strategy would be to consider pulling your accounts from a larger bank, if they have turned you down for a loan. While this might seem slightly underhanded, if you have a significant portion of your assets wrapped up in the bank, they are not going to want to see that revenue stream walk out the door and might make an attempt at trying again with your loan. Be polite about this tactic, but be firm.

What if I continue to receive denials from every commercial lender to whom I apply?

The worst thing that you can do is to give up. Keep at it. Keep trying. You have already done the hard part by assembling all of the paperwork, getting your assets in line and making sure that your accounting team left nothing out. The hard part is done. So plan on applying to different lenders constantly. Even if it takes 100 different applications to 100 different lenders, it will eventually work out. Do not get discouraged and keep pursuing your commercial real estate dreams. In the long run, finding a commercial lender will be well worth it.

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

Regional Commercial Lenders revise expectations as the demand for business loans declines

October 9, 2017Uncategorizedcommercial hard money lenders, commercial lenders, commercial lendingbigdaddydennis

Regional commercial lenders are complaining about a decline in the demand for new loans by business owners. Many blame global instability and political uncertainty.

2017 has particularly strong year for most businesses, economic activity is up and stock indexes are higher than ever. But this growth has not translated into increased lending by regional banks.

Some speculate global uncertainty may be driving down the demand for new loans. “Some of the international issues that have risen have also put uncertainty in our customers’ minds,” said Comerica CEO Ralph Babb, adding that some business owners have “ held back on what I would call investing for the immediate future.” Demand for new loans is certainly declining this year. Commercial lending by regional banks has been expanding at a steady 6 percent in recent years. However the pace of lending by regional banks in particular has stalled since the beginning of the year and analysts claim it is unlikely to accelerate.

If businesses are getting financing in many cases they aren’t going to regional banks. Many business owners are apparently turning to capital markets and to non-bank lenders. Evercore ISI analyst John Pancari says that “some of that demand ( for commercial loans ) is finding its way out of the banks and into the bond markets.” Evercore ISI notes that corporate bond issuance has only been growing by single digits in recent years, while commercial lending has been growing by 10 percent. Evercore claims that the trend is likely to reverse this year. Corporate bond issuance is expected to grow by 7.5 percent,while commercial lending by regional banks will only grow by a tepid 4 percentage points.

Regulatory pressure may be causing the slow down. There is consensus that regulators have been compelling regional banks to reduce exposure to commercial real-estate and some banks are scaling back their lending efforts. Fifth and Third of Cincinnati withdrew from 4.5 billion in “risky” loans last year. The bank plans to scale by its commercial lending activity by an additional 600 million dollars by the end of this year.

Some commercial lenders are blaming instability in Washington.

Both banks and business owners have lost the positive outlook they had at the beginning of the year as a result of instability in Washington. “As an industry, we began the year with high hopes for an improving rate environment along with regulatory and tax reform…it remains to be seen if regulatory relief, tax reform or a dramatically improved economy is going to materialize,” said Bill Demchack CEO of PNC Financial Services Group. Kelly King CEO of BB&T in Winston-Salem, NC claims that initial investments made by businesses at the beginning of the year are tapering off in expectation of more stability in Washington. It seems that until congress provides more certainty, business owners will continue to defer investment and the demand for commercial loans will continue to flounder.

As demand shrinks commercial lenders will have to compete for borrowers.

Political uncertainty rather than stability in the financial markets seems to be the cause for the decline in lending this year.” A lot of it comes down to borrower confidence and a lot of it’s tied to what’s going on in Washington,” said Evercores John Pancari. Even in 2017’s strong economic environment, the unstable political environment is causing businesses to put off new investment, which is lowering the demand for new loans. Pincer hints that “ as the size of the pie is seemingly shrinking, these banks are going to get more competitive.”

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Tips to Getting Approved for Commercial Lending Texas

October 1, 2017Uncategorizedcommercial lenders, commercial lending, commercial lending in texas, commercial lending texas, texas commercial lendingbigdaddydennis

Commercial lending Texas is all based on a risk assessment. So investing some time to learn what your lender is looking for can provide a great return on your investment.

Knowing that commercial lending Texas is all about the risk that your company represents to a lender can make it easier to understand why the application process is so daunting. No one is going to walk into a lenders office and admit that they never pay their bills or that they are a poor business manager. So the lenders need to run businesses and their owners through a lengthy process to determine creditworthiness. But each lender might have different criteria and different motivation for making their decision. So taking the time to talk to each lender can afford you some very important information about the process and how you need to present yourself and your business during the application process.

Getting a copy of the application is a critical first step. This will tell you what information the lender wants. Read all of the questions and make a list of any issues or questions that you have about the application so that you can discuss them in person with a representative. Understand that some commercial lending Texas criteria will be fairly common but other criteria could be more obscure. All of the lenders will want to see financial reports, taxes and credit information. But some lenders might also be very interested in your industry, mentorships that you work with or other work experiences that you might have had. Providing that information can greatly improve your chances for approval.

Another key for some lenders is the length of time that you have been in business. If your company is new then providing a well-documented business plan can demonstrate your dedication to planning and growing your business. Other lenders might only be focusing on your Dunn & Bradstreet score. Know your number and understand that a score of 75 will almost certainly get you a loan.

Have Supporting Documents

Applying for commercial lending Texas is a long process and one that will require some effort and work on your part. Have documents to support the claims that you are making about your business. Show your long term profitability with several years of P & L sheets. Demonstrate your cash flow with years of monthly statements showing deposits. And have documents to show that you have gotten loans before and paid them off with no issues.

Tell Your Story

Some lenders are going to want to know more about you than just what the numbers can tell. If this is the case then be ready to tell the story of your business. Explain your motivation for starting the company and how you have grown it to the current point. Also give credit to all of the supporting members of your team. A well balanced management team will be less risky than a one man show. Take the time to get to know the lender and what they want to know to grant your request for a loan.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

How to Evaluate Potential Lenders for Commercial Loans

September 25, 2017Uncategorizedcommercial lenders, commercial lending, commercial loansbigdaddydennis

Any time that you are entering into a business deal it is important to know who you are doing business with. That is never more important than when you are seeking commercial loans.

One of the most important questions that you can ask a potential lender is how quickly they process commercial loans. Many times a great business deal has only a very short window of opportunity. So you will want to understand how long it is going to take your lender to process your request and your documents. This is also a good time to verify exactly which documents the lender requires so that you can be well prepared when you begin the application process. If the time frame for approval sounds too long then you might also want to ask if there is any way to expedite the process.

Another critical factor to selecting a lender is the fee structure for their commercial loans. Most lenders will advertise their interest rate very clearly but there can be a lot of other fees that will be added into the cost of your loan. You need to know what those fees are for and how much they will cost you so that you can determine the full cost of the loan from each lender. You might be required to pay an application fee up front to cover the administrative costs of reviewing your documentation. This is a nonrefundable fee and does not guarantee that you will be approved for the loan. In addition you will most likely need to pay appraisal fees, a survey fee, legal fees and a loan origination fee. Some of these fees could be rolled into the loan or they could be due at the closing. It is best to ask for a full fee schedule to know exactly what you are expected to pay and when.

Get to Know the Lender

You will also want to do some research on the lender. It is helpful to know if they write many commercial loans. This can help you to decide if you are willing to pay the nonrefundable fees knowing that the chance for approval might be very small. You will also want to decide how comfortable you feel working with the lender and the employees there. In some rare cases you might need to work with them due to an unforeseen issue. In these cases, such as a slow month of business or damage and inability to conduct business for a short time, you will want to know who you will need to speak with and how they could assist you.

Questions for a Potential Lender

When you are speaking to potential lenders, this is your opportunity to interview them as well as their chance to interview you. Having a few questions prepared to ask all of the potential lenders will help you to have a means of comparing and contrasting their services and features. Asking about fees and if they have the ability to waive any of the fees will tell you how eager they are to get your business. Asking who will be your main point of contact will also help you to determine if you would be working with the local office or if you will need to communicate via email or a phone call. And asking what their policy is for assisting you with issues will help you to evaluate their customer service. All of these factors could be very important to you over the term of your loan.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

4 Tips for Getting Commercial Loans

September 25, 2017Uncategorizedcommercial lender, commercial lenders, commercial lending, commercial loan, commercial loans, commercial real estatebigdaddydennis

Applying for commercial loans can be intimidating to say the least. But using these four tips can help to ensure the success of your loan application.

The process of securing commercial loans can be daunting. And for that reason it is critical that you be well prepared when you are getting ready to submit an application. The credit history of your business and possibly your personal credit history will be under scrutiny during the application process so be sure that you have everything in order on both credit reports. Verify that both credit reports are accurate and that you have no issues that appear on either the personal or business report. Also be sure that you have copies of your business and personal taxes for the past 3-5 years, your current bank statements, a current asset and liability statement and any lease or rental agreements ready to submit.

When you are preparing your request you will want to be sure to provide information to the lender about your business, the industry and the reason you are requesting the loan. In many cases your business plan will have outlines the projected growth of your business and this can help to explain your current position and how the loan is going to help your business grow. Think of your loan application as an introduction to you and your business. Be sure to make a good first impression on the lender.

Local banks are a great place to start your search for commercial loans. If your business is small or has not been profitable for the past three years then you are far less likely to be approved by a national lender. But a local bank will be more willing to learn about your business and consider taking a risk on you. Also speak to the local Small Business Administration office to learn which lenders might best suit your needs. The process of working through the SBA and a local lender might take longer but it could greatly improve your chances for a loan if you are willing to invest the time.

Look for Alternative Financing Options

Many small businesses are turning to alternative lenders to provide their commercial loans. These lenders have less strict requirements and that makes it much easier for a smaller or newer business to get approved. But be aware that along with the lower requirements comes greater risk for the lender. As a result, you might be faced with a higher interest rate or higher fee structure for your loan.

Have a Well Thought Out Plan

When you are requesting a loan you need to be ready to provide all of the information and documentation that the lender requests. Having the material ready shows the lender that you have invested your time and effort into planning and preparing for the process. It also demonstrates the responsibility that the lender wants to see when thinking about how you run your business and how you will make the payments on the loan. Making a strong and professional first impression will be a great way to start the relationship with your new lender.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

States are suing federal regulators: What is the future for Fin-tech?

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

The Office of the Comptroller of Currency is being sued by state regulatory agencies for its efforts to provide special charters to non-bank alternative lenders. The future of non-bank commercial lending remains uncertain. As competing regulatory interests squabble, consumers are still left without basic protections.

States regulators, under the banner of the Conference of State Bank Supervisors, are suing the Office of the Comptroller of Currency (OCC) over the agencies proposal to issue special bank charters to non-bank alternative lenders. Opponents of the OCC’s efforts claim that under the National Banking Act, the OCC can only charter traditional depository institutions. John Ryan head of the CSBS claims, “ If the OCC is allowed to proceed with the creation of a special purpose nonbank charter, it will set a dangerous precedent that any federal agency can act beyond the legal limits of its authority.” Applicants for the OCC charter would need to meet the similar standards as traditional banks in terms of capital, liquidity, governance and regulatory compliance. The charter would label alternative lenders who qualify as special purpose banks, putting them under the same regulatory purview as traditional banks. States see the OCC’s proposal as a direct threat to their authority to regulate alternative lenders.

The issue comes down to the apparent need for a uniform regulatory frame-work for non-bank lenders. The OCC claims offering the charter is just the first step in efforts to encourage responsible innovation and to protect consumers in the growing alternative lending industry. The special charter would be optional and a way for alternative lenders to distinguish themselves from the competition. Securing a charter could allow qualified lenders to skip the state-by-state licensing process currently in place. State regulators argue that existing frame-work has worked thus far and that states are in a better position to regulate the growing industry. According to Ryan, “State regulators already supervise a vibrant financial services marketplace that includes non-banks and banks. That regulatory structure has produced a robust platform for innovation.”

This debate illustrates just how far behind US regulators

are when it comes to the Fin-Tech industry.

The OCC’s proposal is merely first step to provide a uniform set of regulations for the alternative lending industry. Similar frameworks already exist in places like Hong Kong and the UK. These countries were able to take preemptive steps to protect consumers. In the US creating a consistent set of regulations is far more difficult because there are so many overlapping interests. But the lawsuit and the debate over state vs federal authority, should be settled in order to protect consumers and the industry as a whole. Going forward a uniform, but adaptive regulatory frame work is needed. The OCC should lauded for taking tentative steps in this direction.

While regulators squabble over who can regulate alternative lenders, consumers lack basic protections.

Basic consumer protections are needed in the Fin-Tech industry. State and federal regulators should stop sparring with one another and take concrete steps to establish a sensible set of rules under which alternative lenders can operate. The OCC efforts to give consistency through a standardized charter is an encouraging first step in this direction. Good regulation in the future would recognize the diversity within the industry as a whole, adapt as the market changes and not place an overwhelming burden on start-up lenders. The federal government and states need to work with one another, to protect consumers rather than engaging in pointless turf-wars.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

5 Sources for Commercial Lending Texas

September 20, 2017Uncategorizedcommercial lending, commercial lending texasbigdaddydennis

When you are researching commercial lending Texas you will learn that there are five main lenders that you can select for your loan. Knowing about all of your options will help you to make the best selection to meet your current and future needs.

As you begin your research on commercial lending Texas you will find that you have several options. The one option that business owners are most interested in is a loan through the Small Business Administration. The SBA is not the actual lender but they do work with a group of lenders to offer some exceptional benefits and terms for an SBA loan. The biggest benefit is that the down payments required on an SBA loan are normally much smaller than on a conventional loan. In addition, the interest rate is always fixed and also the funds can be used for building improvements. The down side is that there are loan origination fees, prepayment penalties and the owner must often provide a personal guarantee on the loan.

Conventional financing from a bank or savings and loan office is by far the most common source of commercial lending Texas. This is the process of going to your bank, completing the application process and hopefully getting approved for the loan. In most cases you can expect a conventional lender to be willing to write a loan for about 75% of the cost of the commercial property. This offers the lender added security in knowing that the property, which is the collateral for the loan, will always have a value greater than the balance of the loan. This is critical in the event that you default on the loan and the lender needs to recover its investment.

A less common known resource for commercial lending Texas is seller financing. This method was more popular when the conventional rates were in excess of 5% but there are still some buyers who use this financing option. One of the key benefits is that the seller avoids paying for the appraisal fees and the loan origination costs. In addition, there are times when the buyer is unable to get approved for a conventional loan but the seller is still willing to provide financing.

A Less Common Funding Resources

In some cases, you will be able to get a loan from a third party. This could be a hard money lender or even a family friend or relative. This is an opportunity for you to get the money that you need without paying all of the fees associated with a conventional loan. In addition, it can provide a nice return on investment for the lender. You will still need to pay some legal fees to have a good contract drawn up but the fees and the time to process the transaction will be much less than any other type of loan that you might get. Finally, if your business has been particularly successful then you might be in a position to pay cash for your property. If you have the cash reserve, you still might want to take the opportunity to finance a part of the purchase cost to establish or increase your business credit history. Knowing your options for lending resources will allow you to make the best financial decision for your short and long term goals.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

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

Hurricane Harvey Could Make a Huge Impact on Commercial Real Estate Loans in Texas

September 20, 2017Uncategorizedcommercial lendingbigdaddydennis

There were already plenty of complaints about commercial real estate loans in Texas well before Hurricane Harvey made landfall in the southeastern portion of the state. But with the destruction brought on by Hurricane Harvey, it might take the Houston area even longer to recover from their economic and real estate slump.

In the 2^nd quarter of 2017, Houston and the surrounding cities have seen the highest percentage of commercial vacancies since the year 1994. With a vacancy rate nearing 19 percent, proving that commercial real estate loans in Texas were already hurting before Hurricane Harvey hit. The area has been trying to bounce back, but since the hurricane has caused quite a bit of damage in its path, unfortunately, it could take even longer than expected for the Houston area to recover.

The real estate market including commercial real estate loans in Texas may take months to rebuild and could face many challenges while trying to do so. Local businesses not only have to clean up from all of the damage that was caused by the category 4 storm, which produced record breaking rain and flooding, they also have had to deal with loss of revenue for days or even weeks. The damages caused by the storm is only going to amplify already existing issues in southeastern Texas, leading many to fear that it might be too much for some to recover from.

Some businesses could face disruption for 2-3 months and some were forced to deal with these issues without power for several weeks. That is why it is hard for us to be able to predict the long-term impact of Hurricane Harvey had on commercial real estate loans in Texas. Luckily, the forecasts that have been released think that the area may be able to recover quicker that some other areas that have been impacted by previous hurricanes. But, it may take months for us to even know how much damaged was caused by the record-breaking storm.

However, commercial real estate loans in Texas could see some benefits

After Hurricane Sandy hit the southern part of the United States, self-storage companies and local hotels saw a spike in businesses. The need for these two things sky rocketed after heavy storms hit the area and Houston can expect to see the same. While the southeastern part of the Lone Star state works on rebuilding, these companies could see some economic reward, but there is still a great deal of work to be done to repair all of the loss the area suffered from, especially with around 2,900 commercial properties being affected from the hurricane.

Many are eager to see commercial real estate loans in Texas grow

Luckily, it is estimated that most of the commercial businesses hit hard by Hurricane Harvey have coverage from flood insurance. This still doesn’t mean that it will take a lot of time and work to rebuild not only from Hurricane Harvey, but from the already suffering real estate market in the Houston area.

Technorati Tags: commercial loans,commercial lending,commercial mortgage,commercial lenders

Level 4 Funding Private Hard Money

Arizona, California, Colorado, Florida, Idaho, Oregon, Texas and Washington

Tag Archives: commercial lending

Finding A Commercial Lender When Banks Won’t Do

In a contracting real estate market, it might be very difficult for potential borrowers to find banks that are willing to fund their endeavors. But potential borrowers can still find a commercial lender in an economically challenging time.

What if I continue to receive denials from every commercial lender to whom I apply?

Regional Commercial Lenders revise expectations as the demand for business loans declines

Regional commercial lenders are complaining about a decline in the demand for new loans by business owners. Many blame global instability and political uncertainty.

Some commercial lenders are blaming instability in Washington.

As demand shrinks commercial lenders will have to compete for borrowers.

Tips to Getting Approved for Commercial Lending Texas

Commercial lending Texas is all based on a risk assessment. So investing some time to learn what your lender is looking for can provide a great return on your investment.

Have Supporting Documents

Tell Your Story

How to Evaluate Potential Lenders for Commercial Loans

Any time that you are entering into a business deal it is important to know who you are doing business with. That is never more important than when you are seeking commercial loans.

Get to Know the Lender

Questions for a Potential Lender

4 Tips for Getting Commercial Loans

Applying for commercial loans can be intimidating to say the least. But using these four tips can help to ensure the success of your loan application.

Look for Alternative Financing Options

Have a Well Thought Out Plan

Becoming Familiar with Commercial Lending Documentation is Critical to Your Success

The Borrowers Commercial Lending Agenda

Understand the Lenders Goals

Commercial Lending from the SBA

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

States are suing federal regulators: What is the future for Fin-tech?

This debate illustrates just how far behind US regulators

are when it comes to the Fin-Tech industry.

While regulators squabble over who can regulate alternative lenders, consumers lack basic protections.

5 Sources for Commercial Lending Texas

When you are researching commercial lending Texas you will learn that there are five main lenders that you can select for your loan. Knowing about all of your options will help you to make the best selection to meet your current and future needs.

A Less Common Funding Resources

Hurricane Harvey Could Make a Huge Impact on Commercial Real Estate Loans in Texas

However, commercial real estate loans in Texas could see some benefits

Many are eager to see commercial real estate loans in Texas grow