commercial: Education will create faithful clients.
- 05/11/09 11:04 PM
There have been some disappointing and unexpected actions taken by commercial lenders in response to recent financial events. This changing environment for business finance funding is likely to produce several new problems for commercial borrowers. The working capital finance industry has primarily been operating on a regional and local basis for many years. In response to cost-cutting that has affected many industries, there has been a consolidation that has resulted in fewer effective commercial lenders throughout the country. Most business owners have been understandably confused about what this might mean for the future of their commercial financing (0 comments)
commercial: Commercial Real Estate may be down, But not for long.
- 04/21/09 03:02 AM
Commercial real estate fundamentals are taking a beating in the current economy with corporate layoffs, a drop-off in consumer spending and general uncertainty causing vacancy rates to rise and rental rates to fall. But the pain may not last long. Writing in the Spring 2009 Linneman Letter, NAI Global Chief Economist Dr. Peter Linneman notes "commercial contracts have fallen off a cliff as few new developments outside of multifamily have secured construction loan commitments since the start of 2008". This means that as demand recovers in 2010 it will find little new space coming online to compete with existing space. The (3 comments)
commercial: 2010...The year we bounce back...
- 04/07/09 05:35 AM
Yes and like going to a movie, we can't wait to get there. This week everyone from Ben Bernanke to all option futures agree on market decline for the next 18 months with a slow rebound beginning in late 2010. Bank of America, Citi Group, Wells Fargo and most financial institutions are all near the floor and will probably continue to be so for the next 18 months. Now for the positive side of all the doom and gloom news. When they say a continuing decline for 18 months and a slow rebound thereafter, that doesn’t mean that it all goes (1 comments)
commercial: If you think positive, it will be positive. That' the secret for 2009
- 12/29/08 12:44 AM
On behalf of US Lending Centre, we would like to extend our warmest and sincerest positive thoughts to you and your family and may you enjoy the best New Year's ever. Lots of people say that we are crazy because we watch and listen to materials such as "The Secret", but I can assure you from experience that positive attitude does work. This does not mean that you should be a lunatic and ignore reality around you, all it does is serve as a reminder that "it does not rain forever"; even evil or bad does not reign forever...This is a (11 comments)
commercial: The "Step Up" plan saves the "Bailout" failure
- 11/24/08 06:26 AM
Imagine if you will…The “Step Up” Plan….This plan will kick start the housing market, thus resolving the credit crisis, getting the economy to move forward, getting banks to lend to each other, and so on.It will do all these wonderful things without bleeding the tax payer’s funds any further. It will work because at the heart of this nightmare lies the housing market. If this market turns around then and by the law of the “old domino effect” it will begin to fix the other markets. If the housing market was the initiator of this crisis, then logic dictates that the (0 comments)