Hard Money Loans

photo credit: tapioliller SBA May Not Be Able to help Small Business Lending and the Economy The economy lost 2.6 million jobs in 2008 – the highest level in more than six decades. And there are projections of up to 2 million more in 2009. GM has been told by the Treasury Department to prepare [...]

photo credit: norhendraruslan Last week I conducted an exploratory marketing session with a new business owner. One of the topics that came up was how tough the credit crunch has made it for businesses to get financing. And that got me thinking… For several years I’ve championed the concept of growth through leveraging marketing assets. [...]

photo credit: gcoldironjr2003 I am frequently approached by business owners seeking financing for their companies. It’s become a love-hate scenario. I love it because that’s what I do, arrange financing for small businesses. I don’t enjoy it as much when I soon realize that the business owner often doesn’t know why they need the money, [...]

photo credit: norhendraruslanA working capital loan is a form of business loan that is commonly allocated to support the daily operations of a business or buy earning assets. This source of funding is often sought when the net working capital is deficient. This circumstance results from a low or even negative figure when the existing [...]

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 [...]