Tag Archives: commercial loan

Does President Trump Have the Minerals to Say NO? Is he a Phony? Did he Lie to us?

We are again approaching a milestone in our history that will define us for the future. I’m not talking about some stupid Russian Investigation or Melania’s Shoes, or some other meaningless historical insignificant event.

What is about to happen in the next few weeks is that there is going to be another increase to our huge, very massive debt load on the United States of America. The looming debit crisis is about to hit the center stage of controversy on all the news media.

There is a massive gorilla in the room folks, and it’s just about to wake up.

We are rapidly approaching 20 Trillion Dollars in debt, a number that I cannot truly understand.

According to the Donald, 20 Trillion is the tipping point to financial ruin. It’s the point where everything will fall apart and we will enter an economic apocalypse like we’ve never seen before. (At least that is what he said during the election). It’s when the world will wake up and realize that the USA is bankrupt and has no chance of ever getting out of the death spiral of financial failure.

So will the Donald fix the problem? Put a stop to this insanity of destroying our children’s and grandchildren’s future, with no hope of ever making America Great Again?

I really don’t know, but I do know something, and that is 2+2=4. You can bank on this information. This is a mathematical fact that will never change.

Now you need to ask yourself this question……..

What Does 20 Trillion Debt = Banana? Happiness? A Better Way of Living? Good future?

The answer is   …… it equals a Whole Lot of Misery, Pain and Depression like we’ve never seen before.

So will the Donald say NO? Is it time to stop this path to ruin? We will see in the next few weeks if he has the Minerals to Fix America. After all, if we have a financial collapse like we have never seen before and we are in some epic depression, who’s going to care about what shoes the Donald’s wife wears?

Let’s see what’s going to happen, in the next few weeks; we will see if the Donald will do what he promised and why a whole bunch of the quiet majority voted for him to do.

Happy senior business man making his notes at workDennis 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 mortgages,commercial loans,commercial lender,commercial hard money lenders texas,commercial mortgage Texas,commercial loan Texas,commercial mortgage Arizona,commercial loan Arizona

Dangers of Merchant Cash Advances

Merchant cash advances may seem like a quick and easy type of commercial loan, but do the benefits really outweigh the risks?

First what is a merchant cash advance? Broadly speaking it is a lump sum issued and then paid off with a percentage of future sales (most often credit card transactions). This means any time your customer pays with their credit card, a specific percentage of that transaction will go towards paying off the outstanding debt. Another feature of this type of loan is that you pay a factor, rather than an interest rate. A factor rate is a number multiplied by the amount borrowed, which gives you the total amount you owe. For example if you borrow 2,000 dollars on an MCA with factor rate of 1.5 then you owe 3000 dollars. This payment structure has very specific implications. But who would want to get an MCA in the first place?

This type of commercial loan can appeal to borrowers with bad credit, little in the way of collateral or those without an established business track record. Issuers of MCA’s often don’t ask for the same amount of documentation and usually have a broader criteria of who can qualify for their loans than traditional lending sources. Getting an MCA is also faster and easier than getting traditional financing. Obviously, this model appeals to business owners who don’t qualify elsewhere or those who need money quickly.

But consider the many downsides to this type of loan. MCA issuers don’t have to abide by the same regulations as other lenders and therefore they can charge exorbitant interest. MCA’s can be very expensive and it is not unheard of for borrowers to pay triple-digits in the way of APR. The fact that the amount owed is fixed based on a factor rate, also means there is no benefit to paying off these types of loans early. You will always owe the same amount for an MCA ( i.e. amount borrowed x factor rate), regardless of when you pay it off. The unique payment structure of MCAs however presents the greatest risk to borrowers.

What are the implications?

Because MCAs are often paid off on the basis of credit card transactions, they can consistently eat away at your revenue streams. The lender could be entitled to as much as 45 percent (depending on the agreement) of your daily credit card sales. Therefore if this type of loan isn’t paid off quickly, your revenue is deferred to paying back the loan rather than expanding your business (defeating the purpose of getting the loan in the first place). In the worse case scenario, you could find yourself trapped in a cycle of debt, taking out another advance just to pay off the previous one or getting new loans simply to continue operating your business.

Even though a Merchant Cash Advance may seem attractive if you have poor credit, consider the expense and risk involved in this type of commercial loan.

Considering the risks involved in Merchant cash advances you should probably consider them a last resort when seeking financing. While every business is different, the benefits of MCAs are few while the risks are numerous.

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 mortgages,commercial loans,commercial lender,commercial hard money lenders texas,commercial mortgage Texas,commercial loan Texas,commercial mortgage Arizona,commercial loan Arizona

The Pitfalls of a Commercial Mortgage

Discovering a new place in your new enterprise to name
house is a very thrilling factor. Most of the time, folks will forego renting and
get a commercial mortgage on the
property they need. However is that the best choice for you?
 
You lastly have the enterprise that you’ve got been
dreaming about for years. You will have a nice product that folks will
need. The advert marketing campaign that you’ve got carried out has been driving hundreds of clients
to your organization. Now all you want is someplace to place all the things. That is the place
a commercial mortgage could are available
helpful.
 
Having a place to have your corporation run out off
ought to be the aim for each small enterprise proprietor. When you wade by way of all
the looking out and debating and you discover the place you need to transfer your corporation,
what’s subsequent? At this level you now have two choices, both lease a area or go
head and make a down cost on it. That is the place commercial lenders come into
the image. Many small enterprise homeowners will usually select to take out a
mortgage on the area. Nevertheless, there are a couple of issues it’s possible you’ll run into
for those who take this route
.
Having a commercial mortgage means extra than simply proudly owning a property
 
For a lot of small enterprise homeowners, money will be very
tight the through the first phases of their enterprise. Commercial mortgage lenders solely loan out a partial quantity of the
property you’re buying. The different portion, of course, comes from you.
Often, that is quantity one-fifth of the fee of the property. This will not
sound that unhealthy, however you additionally need to consider your common enterprise prices.
Issues like, provides or commercial this additionally turns into a difficulty you probably have
a couple of worker. Adversely, for those who lease the property you need you
normally simply need to make a deposit of one month’s lease for the property.
 
Together with the common prices, you have already got as a
enterprise proprietor you possibly can doubtlessly tackle new ones. For instance, you’re the
proprietor of a property that serves as a boutique for garments. On a chilly day, the
pipes freeze and burst flooding your total showroom ground ruining a massive
portion of garments. You now are confronted with a myriad of points. It’s a must to name
a plumber to repair it of course. The garments you had are actually can’t be offered, and
now you need to shut you retailer to make repairs. Now you’re caught with all of the
payments and it’s possible you’ll lose clients for a interval of time.
 
Having a commercial mortgage on a property extra of a dedication
 
Say the one place you possibly can discover that was reasonably priced
was in an space not conducive to your corporation. For those who have been to decide on a commercial mortgage over renting you
are mainly locked into that property. Sure, you possibly can at all times promote it, however
with that, it consumes a lot of your time looking for a potential purchaser.
Additionally relying in the marketplace you’re in it may take months earlier than the deal is
finalized. You even have to tell your mortgage lender of your plans
all through the method as effectively.

 

 

Dennis Dahlberg Dealer/RI/CEO/MLO

Stage four Funding LLC
Arizona Tel:  (623) 582-4444 

Arizona Tel:      (512) 516-1177 
Dennis@level4funding.com
www.setabay.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Arizona | 78701    

 
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Concerning the writer: Dennis has been working in the true property trade in some capability for the final 40 years. He bought his first property when he was simply 18 years outdated. He shortly discovered concerning the superb funding alternatives supplied by trust deed investing and hard money loans. His want to assist others make money in actual property investing led him to concentrate on various funding for actual property buyers who could have bother getting a conventional financial institution loan. Dennis is obsessed with various funding sources and sharing his data with others to assist make their goals come true.
Dennis has been married to his fantastic spouse for 42 years. They’ve 2 lovely daughters 5 superb grandchildren. Dennis has been an Arizona resident for the previous 40 years.

 

 

How to Get a Commercial Loan With Bad Credit

commercial loan

You need to buy workplace area or a good tenement
in an upcoming space however you might have a 320 credit score rating. This text will present you
how to get a commercial loan even when
you might have a poor credit rating.

 
Let’s face it debt and Individuals go hand in hand. Most
of us are attempting to come out from underneath some type of debt. In a 2015 research, the
U.S. Census Bureau concluded at the very least 38.1% of households in America have some
type of debt. Within the final quarter of 2015, the greenback quantity of bank card
debt within the U.S. was round $733 billion. With reference to mortgage debt, the
quantity was a staggering $eight.25 trillion.
 
Pointless to say, a few of us have a little debt in our
title. However is that supposed to cease you from having the ability to by that good residence for
your New England mattress and breakfast? No. Everybody ought to find a way to be an
entrepreneur at the present time. You may nonetheless get a commercial loan with poor credit there are simply a few extra issues
that you’ve to undergo earlier than you get the loan that you just want.
 
Earlier than you apply for a commercial loan plan forward
 
At the start, you need to be sure you have a
clear and concise marketing strategy. You ought to be ready to stroll into your lender’s
workplace and find a way to give them the professionals of supplying you with a commercial loan for your corporation. You need to be sure you give your
lender a clear and in-depth plan of motion. Present them the targets you need to
accomplish with this enterprise. Present them with the ways you’ll use to
convey clients or tenants to the area you need to purchase. Be sure you,
your self, know what you need to do with your corporation.
 
You could possibly additionally make contact together with your collectors.
Attempting to make funds in your debt can have a good impression in your credit score
rating. As nicely all know this won’t occur in a single day. However attempting
to rectify the scenario appears to be like actually good within the eyes your lender. It’s possible you’ll
have to pay larger charges or addition charges, however together with your commercial loan, you’re one step nearer to your property.
The place can I’m going to get a commercial loan if I’ve all of that?
 
Don’t fret despite the fact that you’ll have poor credit you
nonetheless have come choices that you’ve at your disposal. There are some banks
that can work with you nevertheless your choices are type of slim. An possibility that a
lot of traders with poor credit look into is borrowing from hard money lenders.
More often than not hard money lenders don’t worry about your credit score rating as
lengthy as you might have a type of collateral. If for some cause you can not pay your
loan again, then the collateral used shall be auctioned off for revenue. The one
disadvantage that you’ll almost definitely have is the upper rate of interest that you just
could have to pay.
 
Right here at Degree four Funding we focus on commercial loans for poor credit traders. It’s possible you’ll find yourself paying a bit extra curiosity however in the long run it is going to be value it to have the loan that you just want to develop your corporation. Hopefully, this offers you the arrogance to go and get your commercial loan in your information enterprise.
 
 

 

Dennis Dahlberg Dealer/RI/CEO/MLO

Degree four Funding LLC
Arizona Tel:  (623) 582-4444 

Arizona Tel:      (512) 516-1177 
Dennis@level4funding.com
www.setabay.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Arizona | 78701    

 
 You Tube
Face Book Active Rain

 Linked In

Concerning the creator: Dennis has been working in the actual property trade in some capability for the final 40 years. He bought his first property when he was simply 18 years previous. He shortly discovered in regards to the wonderful funding alternatives offered by trust deed investing and hard money loans. His want to assist others make money in actual property investing led him to focus on various funding for actual property traders who could have hassle getting a conventional financial institution loan. Dennis is keen about various funding sources and sharing his data with others to assist make their desires come true.
Dennis has been married to his fantastic spouse for 42 years. They’ve 2 lovely daughters 5 wonderful grandchildren. Dennis has been an Arizona resident for the previous 40 years.