SBA Loan & Real Estate Deals: Lesson in Timing
In the intricate world of banking and real estate, timing and flexibility are paramount. As a private money lender with extensive banking relationships, I've observed varying lending behaviors across institutions. While some banks are actively lending, others are more reserved, a fact often overlooked by borrowers.
Amidst this landscape, it's crucial for real estate professionals to account for potential delays when structuring deals. Rushing into deadlines, particularly with SBA loans, can lead to complications. Recently, I facilitated a bridge loan for a client facing an imminent SBA-backed real estate transaction, ensuring timely closure and subsequent refinancing.
For borrowers, discerning between banks genuinely committed to lending and those constrained by various factors is essential. Seeking a second opinion can offer clarity and alternative financing avenues.
At Apply Commercial Loans, we specialize in navigating these complexities, offering tailored solutions to meet clients' needs. From competitive rates for apartments to ground-up construction financing, we provide expertise to facilitate successful transactions.
Read the full article here: https://lnkd.in/ePeNNSQd
Contact us today to unlock the potential within the market.
For inquiries, contact Karen Schimpf at:
Phone: (512) 358-1511
Email: karen@applycommercialloans.com
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Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert
It’s a great post. Thank you for sharing!
Have a super fantastic week!
Joe Jackson, Realtor-KWCP
May 17, 2024 10:30 AM
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