SBA Loans Have A Huge Impact On Small Business

To Increase Small Business Loans, Revive What Has Already Worked
With the economy still struggling, there could not be a worse time to abandon a highly successful federal program that has created at least 650,000 private sector jobs throughout the country. In 2009, and again in 2010, the federal government acted to increase lending to small businesses. The most effective elements of this legislation, according to Small Business Administration (SBA) data and a study by the nonpartisan Congressional Research Service, were an increase in federal guarantees for SBA loans to 90 percent (from 75-85 percent), the elimination of loan fees, and an increase in the ceiling for each loan from $2 million to $5 million. . . .keep reading about Small Business Lending

Small Business Lending is vital to the country's economy and is the engine to generate employment opportunities. Here at Commercial Lending Pros we continue to provide financing services for business owners, investors and other entrepreneurs throughout the country who need to expand to create employment. We are direct lenders and also have access to over 150 different funding sources including banks that are lending, hedge funds, private equity groups, insurance companies, private investors and other funding sources including Wall St. funds.

Contact Us

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-299-2929
Fax: 863-877-4456
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed.   Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!"

S.B.A.-Backed Lending Set a Record in 2011

SBA-Backed Lending Set a Record in 2011 - NYTimes
In all, by the end of the S.B.A.'s fiscal year, on September 30th, gross loan approvals reached $19.6 billion in the agency's general business, or 7(a), loan program and $4.8 billion in capital investment loans issued in what's known as the 504 program. In just the first quarter of the year (the last three months of calendar year 2010), the agency approved $9 billion in 7(a) loans, nearly as much as it had approved in all of 2009. Gross loan approvals, which reflects totals before canceled loans are subtracted, is how the agency commonly reports its lending statistics. . . . keep reading about Small Business Lending

At Commercial Capital, we are busier than we ever have been and, since most of our loans are to small businesses.  Many of the CDC’s are also having very good years (CDC’s are companies that administer the seconds on SBA 504 loans). If the SBA is busy, then again, small businesses are working. There is almost a mini-boom happening in franchising right now. It seems like every franchise out there is very busy, which again, means new businesses are starting. This means jobs are being created. I am seeing another big trend-a lot of boomers are quitting corporate America for good, cashing out or rolling over their IRA’s and, starting their own businesses. Now financial planners may cringe at that point, but the owners we speak to are putting it this way, “These large companies I have invested in don’t seem to be very “with it” and, with so many risks, I feel better controlling my own destiny”.

We are Direct Lenders for SBA 504 loans in certain markets and offer several types of Securities Loans.  If you are a small business owner or looking to leverage your investment portfolio in a business opportunity Commercial Capital can help you find the financing you need. We work with over 150 different lending sources that are lending and will evaluate your loan scenario in a prompt professional manner. We will underwrite and process Small Business Administration Loans:

• SBA 7(a) (We are Preferred Lenders)
• SBA 504 (We are Direct Lenders)

The provisions of the Equal Credit Opportunity Act shall apply to all applicants for loans submitted under these government guaranteed loan programs. There shall be no discrimination on the basis of race, color, religion, age, sex, marital status, handicap or national origin. It is our goal to facilitate a quick funding on all SBA loan requests. Additionally, we offer the following advantages:

• Competitive rates and terms
• Purchase or refinance of commercial real-estate, with cash out permitted
• SBA-guaranteed fee can be financed in most cases

We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.  WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE OPPORTUNITY IS AWESOME.

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-299-2929
Fax: 863-877-4456
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

House Small Business Subcommittee on Investigations Chairman Congressman Mike Coffman Promotes SBA Backed Loans

House Small Business Subcommittee on Investigations Chairman Congressman Mike Coffman Promotes SBA Backed LoansThe House Small Business Subcommittee on Investigations, Oversight and Regulations Chairman Mike Coffman (R-CO) today held a field hearing in Greenwood Village, Colorado to examine the state of small business lending, focusing on Small Business Administration (SBA) loan programs and the regulatory impediments to small business lending. Coffman said, "It is important for small business owners and community banks to hear from the Small Business Administration about government-backed lending programs that can help them, and it is equally important for legislators and government agencies, like SBA, to hear directly from small banks about how regulators have responded to the financial crisis of 2008 and how regulations have affected small business lending. Because of the importance of small banks as lenders to small companies, a proper balance should exist between an effective regulatory structure that protects depositors and a financial institution's ability to lend. Public forums like today's field hearing are very important in achieving that balance." . . . keep reading about Small Business Lending

If you are a small business looking for financing Commercial Lending Pros can help you find the financing you need.  We work with over 150 different lending sources who are lending and will evaluate your loan scenario in a prompt professional manner. We will underwrite and process Small Business Administration Loans:

• SBA 7(a)  (We are Preferred Lenders)
• SBA 504  (We are Direct Lenders)

The provisions of the Equal Credit Opportunity Act shall apply to all applicants for loans submitted under these government guaranteed loan programs. There shall be no discrimination on the basis of race, color, religion, age, sex, marital status, handicap or national origin.  It is our goal to facilitate a quick funding on all SBA loan requests. Additionally, we offer the following advantages:

• Competitive rates and terms
• Purchase or refinance of commercial real-estate, with cash out permitted 
• SBA-guaranteed fee can be financed in most cases
• Loans size starting from $100,000 to $10,000,000

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-298-8900
Fax: 863-877-4456
Email: marcos@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.
WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE OPPORTUNITY IS AWESOME.

JOIN OUR TEAM! BECOME A BUSINESS LOAN PRO TODAY! OUR TIME IS NOW!!!!

Medical Professional Financing: No Commercial Real Estate Required!

Just wanted to let you in on some exciting news that we've unleashed a new product at Commercial Lending Pros that does NOT require commercial real estate!!!

Medical Professional Practice Loans (for Doctors, Dentists and Veterinarians)

·         Program – SBA 7a

·         Amounts – from $250,000 to $5,000,000

·         Advances – Up to 100% financing available

·         Purpose – practice and/or fixed asset acquisition, refinancing, and working capital

·         Terms – up to 10 years for business & equipment acquisitions, up to 25 years (if real estate included)

·         Rates – floating and fixed available based off of the Prime Index

·         Collateral – 1^st position on business assets required

Product is available now.  Please let me know if I can help.

We are SBA 504 Direct Lenders!

Give us a call at: 863-298-8900 or 813-833-3132

Or click here to fill out a Quick Loan Pre-Qual form to get a fast response to your loan scenario

Commercial Lending Pros

Tel: 863-298-8900

Fax: 863-877-4456

Email: loans@CommercialLendingPros.com

Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

   

Q & A: 100% Financing for Medical Professionals

Q: 100% Doctor Financing, how does it work? Do you have an intake form or prequel form you would like to see?

CommercialLendingPros.com: This is a special SBA loan program. Here's a flyer and our standard SBA loan application form with the checklist of documents needed to pre-qualify a loan request.

Please note that this program usually requires a doctor to come to closing with up to 10% of the total project cost (unless he/she can document they've already invested that much or have that much equity in the land) and then he/she is reimbursed after closing for most of that amount with "working capital".  So it ends up being at or about 100% financing but they may need at least 10% IN LIQUID ASSETS TO COME TO CLOSING WITH - DEPENDING ON THE SPECIFICS OF THEIR SITUATION.

Q: What do you mean reimbursed with working capital?  Is the 10% available as a line?  I can see some doctors using personal funds to qualify but interested in returning the funds to where it was taken from after closing.

CommercialLendingPros.com: With this SBA loan program we can finance real estate acquisition, build-out, inventory, equipment and working capital. So, for example, if a doctor was opening up a new office and the TOTAL COST for all of the above mentioned items was $700,000, with a breakdown of :

$550,000 for real estate purchase

$40,000 for build-out

$15,000 for furniture and fixtures

$40,000 for equipment

$30,000 in inventory

$25,000 in working capital for 1st year salary for a receptionist / office assistant

The doctor would come to closing with $70,000 (10% of total cost of project) but get back $55,000 after closing to cover the cost of inventory and "working capital" to pay for the office assistant. The doctor ends up getting more than 100% of the real estate purchase financed and somewhere between 90% and 100% of TOTAL COSTS financed.

I hope that helps you better understand how the program works. Don't hesitate to call or email if you have any additional questions.

Tony DeCresie

Commercial Capital, Ltd.

Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132

Email: mailto:loans@loans@CommercialLendingPros.com

Website: http://www.commerciallendingpros.com/

Your #1 Source For Commercial & Business Financing

We're Financing Gas Stations Again!!

This Financial News Update is brought to you by CommercialLendingPros.com,
Your #1 Source for Commercial & Business Financing

CALL Today 863-298-8900 or 813-833-3132!

Effective Monday, September 14th, 2009, we will begin accepting loan applications again for Gas Stations with attached Convenience Stores under our SBA and USDA loan programs.

• Branded and unbranded stations welcome. Properties may have an office, car wash, auto repair garage component as well.
• Loan Size: $200,000 - $2,000,000
• Eligible Locations: Nationwide
• Loan Term Amortization: 25 years
• Collateral: First position mortgage as certified by title search and title policy on property. Must have a first security interest under UCC-1 on all business assets of real estate and operating entities.
• Debt Service Coverage Ratio: Minimum DSCR of 1.00x depending upon property type, age, physical condition, location, and competitive market position.
• Loan-to-Value Ratio: 75% LTV

For more information call us TODAY at 863-298-8900 or 813-833-3132
Visit the link below to get a Quick response to your Commercial Loan Scenario. Simply provide us with some VERY BASIC information:Quick Loan Pre-Qual form

Florida 504 Loan Volume Nearly Doubles

The 20-year effective interest rate on Small Business Administration (SBA) 504 loans declined to 5.24% in July – the lowest in the program’s history.

In April, the rate was 5.25%, which was the lowest at the time but July edged it out for the new record.

The new low rate, coupled with recent Stimulus enhancements to the program (the elimination of most program fees and limited debt refinancing), is a rare piece of good news for small businesses suffering from the nationwide reduction in credit availability.

“With the difficulties small businesses are having in today’s economy, the recent Federal incentives and a new all-time low interest rate create a unique opportunity for small businesses to buy or enhance their facilities,” said Todd Kocourek, president & CEO of Florida First Capital.

For more information on Commercial Capital Limited and its 504 loan program, visit www.commerciallendingpros.com, email us at loans@commerciallendingpros.com or call 863.298.8900 or 813-833-3132.