commercial loan: Tired of Your SBA Loan 7(a) Variable Rate Adjusting?
- 10/30/18 09:53 AM
cc: by: https://flic.kr/p/22MByYo The Federal Reserve has been steadily raising rates over the last year and a half moving the prime rate up 1.75% in that time. This has affected all prime based borrowing like SBA Loan 7(a) and business lines of credit, etc. Small businesses have seen the brunt of the increase. For example, 2 years ago I would do a franchise start-up loan and the rate was 5.75-6%. That same deal now is 7.5-7.75%. That franchise, in an adjustable loan, has seen his payment on a $300,000 loan go up almost $270 a month. If that business … (0 comments)
commercial loan: Commercial Private Money Loans with Refundable App Fees
- 11/14/16 11:53 PM
Probably the number one complaint of private money lenders is the upfront app fees, specifically, the fact that they are non-refundable and if you don't get approved you lose the money. Tens of thousands of people have lost app fees on deals that were not approved. We at Commercial Capital have heard the horror stories. So often we get deals and the borrowers tell us of the money lost chasing deals that were not deals. Like anything, when there is a lot of pain in an area, there is opportunity. So we are going to BREAK THE MOLD and offer REFUNDABLE … (0 comments)
Karen Schimpf Commercial Capital, Ltd. p: 512-650-8630 c: 512-354-5949 e: KarenSchimpf at gmail.com www.linkedin.com/in/karenschimpf/ blog: http://bizloansconnections.com/ website: http://applycommercialloans.com P.S. No Risk Solution. When the Bank Says No, Come to Me to Get Your Deal Closed. I specialize in Small Business Administration Loans (SBA), Foreign National Loans, and Private Money Loans. I help entrepreneurs attain financing for their business or project. I BRING MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key … (1 comments)
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Karen Schimpf
When Your Bank Says No, I CAN Get Your Deal CLOSED
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