Brokering commercial mortgages certainly can have its perks. It is generally viewed as a very prestigious profession and brokers get to deal with highly sophisticated borrowers on most of their transactions. The income potential is truly uncapped as well as some of the seasoned commercial brokers bring home over 7 figures. This is without having [...]
In general, borrowers shopping for a convenience store loan will be pleased with the number of options available to them. Including conventional, SBA and a few CMBS programs.
One of the biggest components to convenience store loans is whether or not the subject property offers gasoline. Basically any convenience store that offers gasoline will be classified [...]
Financing gas stations are complicated due to the single use nature of the property, environmental issues and subsequently the limited pool of banks and lenders that want to fund on this property type. Some lenders will simply not look at gas stations while others will be so conservative that it would save everyone time and [...]
Small business owners face huge obstacles the first few years before they begin showing a profit. They face drumming up enough business and paying their own personal bills. Every dime is invested into the business and long hours are worked.
But even that is often not enough to help the business become a success. Many businesses [...]
Equipment leasing is one of the best options for a business to obtain virtually any kind of needed equipment. A business should not be held up by a shortage of cash flow or budget. Equipment leasing allows businesses to continue operations under such circumstances, but more importantly allows for continual growth of the overall business.
The [...]
Examining options on a restaurant loan? Due to the current credit crisis you might want to take a look at the SBA programs first, as they are currently the most reliable programs. Not only do they have the highest probability of closing, they also boast some of the lowest rates, highest leverage, and longest fixed [...]
Owners looking for a restaurant loan have limited options and the credit crisis is giving a “beating” on all special purpose properties; such as restaurants. Although borrowers still have three main sources for financing, including conventional bank loans, CMBS lenders and SBA programs, borrowers are encourage to take a hard look at the SBA programs [...]
SBA loans are federally insured loans provided to entrepreneurs and business owners who are planning to start or expand a small business. These loans are guaranteed by the U.S. Small Business Administration (SBA) and are disbursed through banks and financial organizations recognized by the SBA.
However, there are certain facts about SBA loans that customers must [...]
