Lending services and info
If you want to own a commercial property, you are probably going to end up researching the terms of a commercial mortgage in order to do so. This is a type of mortgage that is similar to a residential mortgage, which you would get in order to own a home. However, the commercial type of [...]
Bridge loans are known in the United Kingdom as ‘Swing loans’ or Caveat loans’. They are temporary short term loans averaging about 3 years. However, some people use this type of loan to acquire long term financing. These types of loans are more expensive and more riskier than the traditional lending process. The advantages that [...]
Companies that require more money to fund an expansion may consider mezzanine financing. This financing option is a combination of equity and debt financing. While it may be a good financing option for some companies, the advantages and disadvantages of mezzanine financing should be noted. Mezzanine financing is a way for companies to get financing. [...]
Getting a Church Loan 101 Starting a church, or remodeling a church can be an expensive process. Since many of us don’t have thousands of dollars sitting in the bank, one may have to turn to other resources in order to get the financing that one needs. If you’re looking to either start a church [...]
If you are just starting up a business, and do not have the sufficient capital to buy equipment, supplies, and products to open up, taking out Business Lines of Credit is a great option to be able to start up, even if you yourself do not have the funds to otherwise open your doors for [...]
Commercial condos represent a growing investment opportunity for small, medium and large business owners looking to diversify their portfolios. Taking ownership of a property allows for more control over rent, upkeep and diversification of the space to maximize profit potential. There is a great tax benefit to ownership of commercial condos as well. Consider it [...]
There are many options when it comes to obtaining a construction loan. Before you try to obtain one, you should know what your options are. You can get a short term loan, or you can get a long term loan. You have to decide which option is best for you depending on your financial needs. [...]
A commercial co-op, short for commercial cooperative, is a business in which the different members share the same facility, and often everything else in the facility. This means, the utility bills, the power consumption, the profit margins, these are all shared with the community of businesses working together. These commercial co-ops have their own pros [...]
Loan officers are an integral part of any bank’s financial team, and as such are duly compensated for the important job that they do. Due to the fact that differing financial institutions have differing methods of compensated their loan officers, there are a myriad of different ways in which loan officers are compensated, but most [...]
A surety bond is insurance written out for the full amount of a project that will be paid by the owner of the project upon completion by the entity who is to complete the project. There are other types of surety bonds that involve business men, crafts people, cleaning people, contractors and groups or individuals [...]
