When your client goes to a bank and applies for a commercial loan, there are certain LTV limits that along with other requirements will determine whether or not he or she will get the loan. If the loan is for senior debt, the maximum LTV is usually between 50-60%. If your client requires financing above that threshold, the bank will likely deny the loan. Banks are excellent at doing what banks do, but they are not a great option for those needing creative options for securing financing at higher LTVs.
What you can bring to the table as a commercial loan broker is industry expertise and relationships with experts who can help structure financing for deals that are outside institutional lending guidelines.
Call me today.
Shayne Fowler email@example.com 480.314.3747