mortgage broker: 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)
mortgage broker: Blame the economy, but sometimes it's just Personal Greed
- 12/02/08 07:39 AM
Don't let greed take away your deals. We had a call a few weeks back from Jack, one of our regular "call for scenarios" broker. He had a strong deal, cash flowing, 65% LTV. We told him we could do it and what we needed to get terms out to him, but didn't hear back from him. Still, he had a strong deal so we put him into our follow up system to call back once a week to monitor his progress. He never picked up the phone so we kept leaving messages. After several attempts he did call back and … (2 comments)
There have been some disappointing and unexpected actions taken by commercial lenders in response to recent financial events. 
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