commercial lender: OCC Chairman will pursue charter for alternative commercial lenders
- 01/29/18 09:05 AM
The idea for a national charter for alternative commercial lenders has proven controversial, as it stands such groups must refer to the regulations of each individual state. The charter initiative would provide a unified regulatory framework for online small business lenders.The OCC's new chairman,Joel Otting, claimed that he will continue to pursue the charter initiative at a recent press conference. ““The question is, what are the requirements on that fintech to get that charter? … We are going to study it,” said Otting.
Otting claimed that financial technology firms are an essential source of credit for many small businesses. When it comes … (0 comments)
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commercial lender: Commercial Lenders – Getting in on the Distribution Craze
- 01/22/18 10:53 AM
Distribution centers seem to be popping up in just about every town and along every highway. Learn a little about this growing segment of CRE and how you can find a commercial lender in order to get in on the latest craze.You are probably aware of the newest generation’s love of all things online—including shopping. While it may not be the only reason for brick and mortar’s decline, it certainly has contributed. In 2016, online sales of goods accounted for 360.3 billion dollars. By 2021, this figure is expected to rise to 603.4 billion. And, as you know, all these online … (0 comments)
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commercial lender: Commercial Lenders
- 01/19/18 09:16 AM
Before you go in search of your first commercial lender, you need to determine just which sector of this lucrative investment strategy you are going to invest in. Let’s look at one of the most popular CRE investments—offices—and find out what’s hot for 2018 and where savvy investors are plunking down their chunk of change in order to increase their ROI.And once you’ve developed a plan, stick to it. Many an investor has let their limbic system, the emotional overriding component of their brain, waylay them from their chosen investment strategy. So, let’s take a look at offices and see if … (0 comments)
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commercial lender: The Importance of Finding Experienced Commercial Lenders
- 01/17/18 07:42 AM
When its time to get a loan, working with skilled and professional commercial lenders makes all the difference. Level 4 Funding shares all the reasons why you should chose experience when seeking a loan.Not just in the world of commercial real estate, but in any case, experience makes a world of difference. Yes, there is something to be said for a new and fresh perspective. However, when it comes to commercial lending, having experience is super important… especially when it comes to something as important as getting a loan. When you are looking to start a business or grow your existing … (0 comments)
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commercial lender: Tips and Tricks for Finding the Right Commercial Lenders
- 01/17/18 07:36 AM
Your commercial lenders can make the loan application process smooth and easy, or it can be a long challenging road. It all depends on the lender so Level 4 Funding offers ways to ensure you find the right one.When it comes to selecting commercial lenders to work with, the process can seem overwhelming and a little intimidating. But it shouldn’t be. The lender you chose should try to create the very best scenario for you and a win-win solution for you both. While traditional lending institutions can be challenging to obtain a loan from, that does not mean you are destined … (0 comments)
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commercial lender: The Benefits and Advantages of Working with Commercial Lenders
- 01/09/18 12:27 PM
There are many pros to working with professional and experienced commercial lenders. However, every lender has a different specialty so it’s important to understand their expertise before deciding to work with any particular lender.It’s much easier to work with skilled commercial lenders when its time to obtain a loan. They can benefit you in many ways and assist with specific needs and questions you may have as you go through the process. However, it’s important that you are working with a lender that understands and specializes in your market or niche to make sure that they can best benefit your specific … (0 comments)
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commercial lender: Commercial Lenders Looking for Another Successful Year in NYC
- 01/05/18 10:37 AM
The real estate market is expected to boom in 2018 and that means many commercial lenders are looking forward to another busy and successful year, especially in the New York City area. The past year was pretty promising and many are hoping that the momentum will continue through the new year.Wells Fargo ended the current year on a good note and is expecting 2018 to shape up to be just as successful. The first 9 months of 2017 was especially great for Wells Fargo with them generating over $4 billion dollars in commercial real estate in New York City alone. They … (0 comments)
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commercial lender: Commercial Lenders Offer Advice on Personal and Business Credit Scores
- 01/05/18 10:21 AM
When you own a business, you often start establishing a business credit score on top of your personal credit score. There happens to be many benefits of separating your personal credit score from your business credit score, especially when working with commercial lenders.Once you get your first job, you start having a personal credit score under your belt. Jobs, credit cards and loans play a role in your personal credit score. Companies like Equifax and Experian are popular places that keep track of your personal credit score. You credit score ends up saying a lot about you to commercial lenders, like … (0 comments)
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commercial lender: Commercial Lenders Can Lend a Helping Hand to Solving Problems
- 01/05/18 10:17 AM
If you are needing extra financing for your business, whether it be big or small, there are many benefits to working with commercial lenders. Just like when it comes to loan, there are many options out there, so take the time to find the right person to work with.A bank loan might not be easy to obtain, so that is when working with commercial lenders come in. Income verification is usually needed when dealing with banks and if you are self-employed, that can sometimes be difficult. But when working with other sources for funding, they might not always require this, but … (1 comments)
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commercial lender: Tips for Selecting a Commercial Lender
- 01/04/18 09:05 AM
Selecting commercial lenders to work with is a critical step a successful real estate transaction. Thinking of potential lenders as business partners or service providers is the first step in a successful selection.In many instances, borrowers tend to look at commercial lenders as a higher power who controls their destiny when they are seeking a loan. And though the lenders is a critical factor, they should never be viewed as anything but a business partner, ally or service provider. They have a product which you want and need, money, but it is just that, a product. And as with any business … (1 comments)
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commercial lender: Criteria for Selecting Commercial Lenders
- 01/04/18 08:22 AM
Evaluating commercial lenders can be a difficult task. But preparing a list of criteria to use for selecting the best lender to meet your needs can be a great time saver.As a business professional, both your time and your money hold a great deal of value. So it is important to find a lender who will meet all of your needs. Ideally, you will be able to evaluate enough commercial lenders to select a few to forge long term relationships with to ensure continued financial prosperity. The process will undoubtedly take some time but the long term benefit will be a … (0 comments)
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commercial lender: Commercial Lender Barclays struggles to assure investors
- 11/29/17 11:20 AM
The commercial lenders share price has tumbled this year. Barclay’s stock has performed worse than the notably troubled Deutsche Bank. The group is clearly struggling to assure its investors.While the majority of Barclays European peers have seen their share prices rise by an average of 11 percent, the groups own share price is down by some 13 percentage points. Clearly Barclays has missed the mark for potential investors so far this year. The group is highly concentrated in the volatile UK retail banking sector, and has also expanded credit card loans in the US. Above all Barclays has been focused on … (11 comments)
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commercial lender: What You Can Expect from Commercial Lenders
- 11/29/17 10:56 AM
When it’s time to get a loan, your commercial lenders can make the process might easier. But you want to make sure you find the right lender and know what they can do for you.If you need a loan, going it alone is not the best option. Especially when it’s professional commercial lenders job to help their clients get the best loan for their business ventures. As you are starting out with your lender search, there are some things you should know about what you can expect from your lender and what you will be expected to do during the loan … (1 comments)
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commercial lender: Alternative Commercial Lenders
- 11/15/17 10:26 AM
Small businesses, contractors and developers just entering the commercial real estate segment, and those in the retail arena may find obtaining a loan from traditional commercial lenders near impossible. Fortunately, there are alternative lenders that may just say yes when banks and other lenders have said no.Traditional commercial lenders are often constrained by government regulations and concerns regarding the health of their lending portfolio, leaving some developers and entrepreneurs in certain sectors in commercial real estate unable to obtain the capital they need either due to a total rejection or a partial loan that does not cover the required capital. Many … (0 comments)
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commercial lender: Top Things Commercial Lenders Consider When Approving Loans
- 11/10/17 03:04 PM
Working with commercial lenders can seem like a scary thing at first, but if you know how they evaluate your small business for approval, then it isn’t that bad. In fact, the entire process won’t be as stressful!Commercial lenders take many pieces of information regarding your small business to find out the two main things they want to know for approval. First, they want to know if you are going to be able to repay the loan back and secondly, if you are not going to be able to make payments, what can be collected in return, which is known as … (1 comments)
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commercial lender: Beware of Potentially Fraudulent Commercial Lenders
- 11/10/17 11:15 AM
The commercial loan industry can be very intimidating to first time borrowers. Be sure that your lack of knowledge and experience does not make you a target for fake commercial lenders.Sadly, every industry is plagued by fraudulent impersonators who are tarnishing the reputation of trained professionals in the field. And commercial lenders face this issue as often as any other group of professionals in a rather technical business. Because borrowers are often unfamiliar with the processes and standard operating procedures of commercial lending it is relatively easy for predators to operate on the fringe of the industry taking advantage of would … (0 comments)
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commercial lender: Tips for Selecting Commercial Lenders
- 11/10/17 11:12 AM
There are many factors to consider when you are searching for commercial lenders. In some cases certain lenders might be more willing to work with you than other lenders.Seeking a commercial mortgage can be a stressful and overwhelming process. Many novice borrowers are simply searching for the first lender who offers a loan. But often that is not the best financial choice. Knowing which commercial lenders would be more open to working with you and also how to make yourself more appealing to those lenders can eliminate much of the stress of the process and reward you with much more favorable … (0 comments)
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commercial lender: Negotiate Win-Win Situation with the Help of a Commercial Lender
- 10/27/17 04:30 PM
Seeking the counsel of a commercial lender for your business loan is like having a coach in your corner. They are there to help you and can make the process easier, smoother and negotiate a better loan than if you go it alone.As a business owner, you are smart and savvy. So you may think you can go it alone when seeking financial lending. You may have heard things about lenders that make you a bit weary. However, today’s professional commercial lender is not like the stereotypical one you may be thinking about in your head. They are here to help … (0 comments)
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commercial lender: Tips for Finding a Commercial Lender
- 10/27/17 10:13 AM
When you are ready to buy a commercial property, your first research needs to be about which lenders in your area offer commercial loans. Selecting the right commercial lender can make your loan application process much more successful.Finding the right commercial lender is really the same process that you would use to find any service provider for your business. You need to find a commercial lender who offers the services that best meet your needs and also one which you feel comfortable working with. There are a few items that you will want to keep in mind as you begin to … (0 comments)
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commercial lender: Learning to Think Like a Commercial Lender
- 10/25/17 10:35 AM
Applying for a commercial mortgage can be very stressful. But there is a relatively easy way to eliminate a lot of the stress and improve your chances of getting approved by a commercial lender.If you ask most people to select one word to describe a commercial lender, the word many would select is intimidating. But if you can learn to think more like a commercial lender then you will begin to understand the reasons behind many of the qualifications and processes that are making you nervous as you seek a commercial mortgage.
First, you need to understand that a commercial lender is … (0 comments)
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The idea for a national charter for alternative commercial lenders has proven controversial, as it stands such groups must refer to the regulations of each individual state. The charter initiative would provide a unified regulatory framework for online small business lenders.The OCC's new chairman,Joel Otting, claimed that he will continue to pursue the charter initiative at a recent press conference. ““The question is, what are the requirements on that fintech to get that charter? … We are going to study it,” said Otting.
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