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!"

Lack of Lending Creates Loads of Uncertainty - CNBC

Lack of Lending Creates Loads of Uncertainty - CNBC
Since the market dropped in 2008, small businesses have struggled with a host of challenges, as consumers have cut back, operating costs have risen and banks have reined in lending. The challenges facing a small business owner today can be overwhelming. And those business owners don't expect things to get easier any time soon. . . . keep reading about Small Business Lending

Business owners still need access to capital and Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!  This is our mission and have been working to fund many different types of loan scenarios.  Here are several exsamples of recent closings so you can get a feel for what is happening in the market, what is closing.  The bad news is that the credit markets remain tight; the good news is that there IS money to lend out there-you just need to know where to get it.  This is a sampling of recent loan closings:

$2.4 Million purchase of Red Roof Inn

          Where: Greensboro, NC

Type:  This was an exterior corridor hotel which is increasingly tough to get financed but we CAN get these deals done.   We closed this loan with $200K in renovation money rolled into the loan!

$385,000 Refinance on an Oil Change Business!

          Where:  Garland, TX

Type:  This is another of the many loans that we closed where one of the big banks approved the loan, then dragged on processing the file and finally denied it after 3 months, leaving the borrower out to dry.  We came in and got the loan closed overcoming serious medical and divorce issues with the client.  Be careful shopping around for rates in commercial lending, the most important thing is getting the loan closed.  No one does that better than us!

$2,870,000 Refinance of Student Housing Apartments

          Where: West Olive, MI

Type:  YES, we lend in Michigan!  This was a student housing apartment complex that needed to refinance because of a note coming due.  We got them a FNMA loan with an incredible 10 year fixed rate and a 30 year amortization.  We don’t just do the tough loans; we can get the strong deals done at the lowest rates as well!  When you have all the funding sources of the entire country available to you-whether it is agency, life companies, credit unions or more, you can often get the very best rates and terms for your clients!

$600,000 Note Discount Deal on Self Storage Facility

          Where:  North Aurora, IL

Type: Declining property values and a slower lease up time then expected put this borrower in a financial bind.  He owed $1.6 Million and the property only appraised for $1 million.  Unable to make the payments, the bank offered him a deep discount but no one was willing to finance a guy who had not made a payment in almost a year.  But we stepped in with our own private financing and got him $600,000!  The bank accepted it and the transaction closed in less than 30 days.  In total, this borrower saved $1.1 million in principal and more importantly, this loan saved the property.  If you are in a bind, give us a call-we just may be able to help!

$263,000 Firehouse Subs Start-up SBA 7A loan

          Where: Columbia, MD

Type: Getting start-up money for a restaurant with no real estate involved is never an easy chore, even for a strong franchise like Firehouse Subs.  In any given state, less than 5% of the banks will even consider this type of loan. But we have the sources to do it in every state.  These loans typically roll in all the costs from franchise fees, to build-out, to equipment and even working capital.  We have done these loans both with SBA financing and conventional financing.  We close one or more of these pretty much every month.  If you are looking at buying a franchise or starting a business, we are the experts you need to talk to about getting the financing lined up!

$460,000 Hardware Store Purchase

          Where: Atlanta, GA

Type:  This was a straight purchase of a non-franchise hardware store that was already running.  This was another loan that got turned down by one of the big banks after they had initially approved it.  It is amazing to me how often that happens.  But we took the loan, found conventional/SBA financing at great rates and got the deal done!  Whether in GA or around the country, we are the source for all your commercial needs!

If you or anyone you know needs to close a commercial loan, whether it is a start-up for a franchise or a refinance of an office building…give us a call at 863-299-2929 or 813-833-3132.

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
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!"

SBA Loans: Reports Significant Increase in 2011

WASHINGTON -- The U.S. Small Business Administration's Small Business Investment Company (SBIC) program provided a record $2.59 billion in fiscal year 2011 to small businesses, a 63 percent increase over last year's $1.59 billion. "Over the past two years, we've made SBIC work better than ever before," said SBA Administrator Karen Mills. "We cut licensing time in half, which has strengthened efficiency and made it possible to get capital into the hands of small businesses more quickly. When an SBIC invests in a company, it can scale up and create jobs." . . . keep reading about Small Business Financing

Commercial Capital continues to provide small businesses with SBA Loans via the SBA 7a, SBA 504 and SBA 504 Refinancing Loans.  We are direct lenders for SBA 504 loans and provide a wide array of financing programs for small businesses and commercial loans for the acquisition and refinance of commercial real estate. 

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: marcos@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

5 creative ways for a small business to save

You can't control the economy, but you can control what you spend on your company.  This is great article with good ideas from the September 26, 2011 issue of Fortune…Read more about Small Business.

 

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.

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
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!" WE ARE SERIOUS ABOUT IT.

Small Business Lending Fund: a dud -- CNNMoney

NEW YORK (CNNMoney) -- A Treasury Department program aimed at helping small businesses get their hands on cash ended this week -- with a thud. The Small Business Lending Fund, set up last year with $30 billion to help banks jumpstart lending, disbursed a mere $4 billion, Treasury said. And it left many rejected bankers frustrated. The news comes as small business owners complain that they cannot grow or hire because they lack access to credit. The sector has been in the spotlight as the country grapples with a sky high unemployment rate. . . . 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.

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

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

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.