Hard Money Loans

photo credit: testa1250 Aged Shelf Corporations & ELOC’s can help protect & grow your businesses in many different ways. 1. Owners should convert existing personal businesses into corporations 2. Establish corporate history, trade lines, and protect personal credit and assets. 3. Owners want to establish business trade lines in the business name instead of using [...]

photo credit: World Economic Forum Calculating global income on commercial loans is all about figuring out the borrower’s TOTAL net income. In other words, underwriters want to know all of the borrowers sources of income and all of their expenses on all business, rentals, and personally. What they are trying to get at is does [...]

photo credit: shlomp-a-plompaCommercial loan underwriting guidelines come down to cash flow ( DCR), loan to value (LTV), credit worthiness and property analysis. Although the process to evaluate a potential commercial mortgage is basically the same from one bank the next, their various appetite for both risk and minimum rates of return are what separates one [...]

photo credit: JOE M500 Collateral – A borrower’s asset that is given up to the lender if the borrower is unable to pay back the principal and interest on the loan; making the lender the new owner of the collateral. Credit Score – A numerical expression based on the analysis of a person’s credit files, [...]

photo credit: SerendigityThe lending industry in a particular country is quite often a double-edged sword where most people are concerned. On the one hand, it does have the ability to lend a business a certain amount of money that the business can then use to accelerate its growth, paying the loan back from the growing [...]