Blog Archive

Showing posts with label America. Show all posts
Showing posts with label America. Show all posts

Monday, March 9, 2009

American Recovery and Reinvestment Act of 2009

As part of the American Recovery and Reinvestment Act of 2009, signed by President Obama on February 17th, the Small Business Administration has been allocated $730 million intended to fund fee reduction, program policy changes and new loan programs that will collectively help to provide immediate financing assistance to small business owners. While the program and policy procedures have not yet been finalized by the agency, the following incentives were announced:
  1. $375 million for temporary fee reductions or eliminations on SBA loans for the 7(a) Guaranty and 504 Loan Programs, as well as an increased SBA- loan guaranteed percentage up to 90% for certain loans
  2. $255 million for a new SBA loan program which would provide up to $35,000 in guaranteed financing to help small businesses meet existing debt payments.
  3. $30 million for expanding the SBA Microloan Program through new lending and technical assistance grants to participating micro lenders
  4. $20 million for technology systems to streamline SBA’s lending and oversight processes
  5. $15 million to expand the SBA’s Surety Bond Guarantee Program
  6. $25 million for increased staffing
  7. $10 million for the Office of Inspector General

The SBA is working quickly to develop the policies necessary to implement the provisions of this act. As soon as the details are in place, http://CommerialLendingPros.com will provide an update.

For detailed information or a specific quote on a loan scenario, give us a call at: 863-298-8900 or 813-833-3132 Or to fill-out a quick loan scenario Pre-Qualification form visit: http://commerciallendingpros.com.

Tuesday, May 20, 2008

We have a great 100% Commercial Loan program for small businesses to expand

100% Financing for Business Acquisition & Expansion

  • 100% financing includes build-out and closing costs rolled in
  • Loan amounts up to $2 million
  • Expand your current facility – get room to GROW
  • Great for business professionals – doctors, dentists, lawyers, accountants, etc.
  • Use NONE of your own money with just 2 years of business experience required
  • Get additional working capital for marketing, more employees, a new division, etc.
  • Must be at least 51% owner occupied

Click Here to Fill Out A Quick Commercial Pre-Qual Form

We also work with small businesses to get the money they need Fast. We work with a variety of credit situations, can provide high loan to value financing, and are capable of getting very creative when needed. Here are some of our programs:

Accounts Receivables Financing for Small Businesses that need liquidity quickly who cannot wait 30, 60, or 90 days for payment of their accounts receivable.

  • Ideal Business Loans
  • Start-up companies
  • Fast-growing companies
  • Seasonal businesses
  • Companies that have experienced losses

A typical deal can be closed and funded within 10 business days of the initial submission of pertinent information.

Un-Secured Business Lines of Credit From $25,000 - $250,000 (up to $500,000 in specific case-by-case basis).

  • No Documents
  • No Application Fee
  • No Up-Front Fees
  • No Income Verification

Fast turnaround, (approval in 48-96 hours, after we have received all the items requested from the applicant).

No Doc - Retail Cash Advances- for any business that accepts credit cards.

  • Fast Cash Without The Hassle!
  • Ideal for restaurants, hotels, retailers, or any business that accepts credit cards.
  • It is a QUICK and EASY alternative to tough SBA lending or bank loans!
  • No Income or Asset Documentation or Qualification
  • No Credit Score Requirements
  • No application or appraisal fees
  • No Personal Guarantees
  • Purchase or Cash-Out
  • Approval and Funding Within 7-10 Days – Or Less!
  • So, if you have any loan scenarios that you would like us to look at or if you have any questions or want more information, please give us a call:
    863-298-8900 or 813-833-3132.

Don’t ever loose a deal because of financing without running it by us first.

Thanks.

http://Commerciallendingpros.com
Your #1 Source for Commercial & Business Financing
Office: 863-298-8900 eFax: 863-877-4456 Cell: 813-833-3132
Email: loans@commerciallendingpros.com
http://www.commerciallendingpros.com/

Click Here to Fill Out A Quick Commercial Pre-Qual Form

Wednesday, May 7, 2008

WE SPECIALIZE IN SMALL BUSINESS FINANCING: 100% Commercial Loans

We have a great 100% Commercial Loan program for small businesses to expand.

100% Financing for Business Acquisition & Expansion

  • 100% financing includes build-out and closing costs rolled in
  • Loan amounts up to $2 million
  • Expand your current facility – get room to GROW
  • Great for business professionals – doctors, dentists, lawyers, accountants, Etc.
  • Use NONE of your own money with just 2 years of business experience required
  • Get additional working capital for marketing, more employees, a new division, etc.
  • Must be at least 51% owner occupied

We also work with small businesses to get the money they need Fast. We work with a variety of credit situations, can provide high loan to value financing, and are capable of getting very creative when needed. Here are some of our programs:

Accounts Receivables Financing for Small Businesses
Businesses that need liquidity quickly who cannot wait 30, 60, or 90 days for payment of their accounts receivable.

  • Ideal Business Loans
  • Start-up companies
  • Fast-growing companies
  • Seasonal businesses
  • Companies that have experienced losses

A typical deal can be closed and funded within 10 business days of the initial submission of pertinent information.

Un-Secured Business Lines of Credit
From $25,000 - $250,000 (up to $500,000 in specific case-by-case basis)

  • No Documents
  • No Application Fee
  • No Up-Front Fees
  • No Income Verification

Fast turnaround, (approval in 48-96 hours, after we have received all the items requested from the applicant).

No Doc - Retail Financing - for any business that accepts credit cards

  • Fast Cash Without The Hassle!
  • Ideal for restaurants, hotels, retailers, or any business that accepts credit cards.
  • It is a QUICK and EASY alternative to tough SBA lending or bank loans!
  • No Income or Asset Documentation or Qualification
  • No Credit Score Requirements
  • No application or appraisal fees
  • No Personal Guarantees
  • Purchase or Cash-Out

Approval and Funding Within 7-10 Days – Or Less!

So, if you have any loan scenarios that you would like us to look at or if you have any questions or want more information, please give us a call: 863-298-8900 or 813-833-3132

Don’t ever loose another deal because of financing without running it by us first.


Thanks.

Tony DeCresie
Your #1 Source for Commercial & Business Financing
Office: 863-298-8900 eFax: 863-877-4456 Cell: 813-833-3132
www.CommercialLendingPros.com

Wednesday, April 9, 2008

Posted March 28, 2008

Brian Peart, CEO of Nexus Financial Group, Inc and one of Bankrate.com weekly survey experts, believes the stock market has bottomed and that over the next few months the market will begin to adjust to the reality that a recession is not happening.

Speaking at the Commercial Capital Net Branch Conference in Atlanta last week, Peart said, "Bear Stearns Monday was less important than what I will call, 'Lehman Tuesday'." Brian continued, "What we saw in those two days was a microcosm of what we will see over the next several months. The market has priced in a doom and gloom recession and the Bear Stearns fire sale was the climax. Without even one quarter of negative growth, most analysts are convinced we're already in recession. However, I believe a snapshot of the next 6 months is better seen in Tuesday's action. Fueled by fears, Lehman's stock was as low as $20 overnight Monday after they reported numbers that were down 57%, but not near as bad as expected. Lehman stock shot to $36 at the open and by week's end was trading at $48.

"I believe the market has priced in a full recession and though numbers will come in bad, they will not come in as bad as expected. I see negative growth in Q1, but not as deep as expected and Q2 will be up. Everyone I talk to on Main Street America is doing OK. Boomers still have retirement money to put to work, we are doing a ton of refinances in FL -- not everyone is upside down on their mortgage, I talk to businesses and most of them are doing quite well. I believe the intraday low around 11,600 on the Dow will prove to be the 52 week low. Clearly we haven't seen the end of the foreclosures and more bad news is coming, but this too shall pass."
Peart's mortgage company defied the general mortgage malaise and grew revenue 83% last year, while enjoying 166% increase in net profits. His commercial arm, Commercial Capital, LTD is funding $20 Million a month in commercial loans and is one of the fastest growing companies in the industry.


Don’t hesitate to call or email if you have any questions or would like to discuss a particular scenario in a little more detail.

Tony DeCresie
Commercial Capital, Ltd.

Your #1 Source for Commercial & Business Financing

Office: 863-298-8900 eFax: 863-877-4456 Cell: 813-833-3132
www.CommercialLendingPros.com