Commercial Loans – Why Do Some Banks Say “Yes” When They Mean “No”?
Many banks are so conscious of their reputation in the local community that they don’t want to be known for refusing requests for commercial loans by respected community residents. One alternative that many of these banks have adopted is the art of never saying “no” in such commercial financing situations. What they do instead is to attach onerous conditions when they say “yes”. In most cases the bank doesn’t expect the commercial borrower to accept the conditions, and therefore the bank has avoided making the business loan without saying “no”. Two examples of a bank saying “yes” when they mean “no” are included.Commercial Loan Retainer Fees
Retainer fees are “standard business practice” for some (but not all) commercial loan situations. It is understandable that a commercial borrower would rather not pay such a fee, so it is important for a commercial borrower to understand when it is more likely to be necessary. This article discusses when a retainer fee is appropriate for a business loan and how much a business borrower should expect to pay when a retainer fee is required.Commercial Loan Processing Explained
It is important to understand the process behind commercial loan processing to gain an insight into how a financing institution assesses and decides on whether or not a loan is granted.Strike The Success Button With Commercial Loan Rate
Commercial loan rate is the rate at which business loans can be applied for. Acting as a platform which helps you decide which loan package suits your requirements and repayment capacityApplying For a Small Business Loan – How Questions Can Help Get What You Want
If you are approaching your Bank for finance you are likely to have a face-to-face interview. The purpose of the meeting is not only for the Bank to assess you but it’s also for you to assess them. This is why you must have pre-prepared questions to fire at them.How Important Are ‘You’ When Applying For a Small Business Loan?
When you are applying for a small business loan have you often wondered what Bank Managers look for when deciding whether to support your request or not? Here are just a few aspects of a person’s character which banks consider important.Hard Money Commercial Loans
A hard money commercial loan is an advance for a commercial venture for which conventional funding is not available. In other words, it is money that is difficult to get elsewhere. The purposes for which such loans can be obtained include investments, property acquisitions, construction, business and industry, refinancing and a lot of others.Commercial Loan Refinancing Refi
Commercial loans once acquired are often never reexamined to insure that the best financing value has been negotiated. It is an understatement to say that the business world is dynamic and economic conditionsCommercial Loan – Broker Or Bank?
For many years commercial loans were viewed as the sole preserve of the main high street banks. With an increasing number of lenders entering the market in the same way as the residential mortgage market, should the consumer be visiting his bank or a broker.Avail Ready Finance For Business Through Quick Commercial Loans
Business people always need ready finance to either start new projects or expand the established ones. Quick commercial loans are designed keeping their specific requirements in mind. The article makes you more prepared for taking the loan on better terms and conditions.Recover Your Credit Standing With Bad Credit Commercial Loans
Bad credit commercial loans are specially designed for the entrepreneurs who are denied of money because of their bad credit history. These loans have emerged as a remunerative force to help them regain their credit standing. Read the article and find out what bad credit commercial loans have special for you.Gas Station Financing – What You Need To Know Before You Buy
A Gas station can be one of the most difficult property types to get financed. Learn the reasons why lenders don’t want to finance them.Presenting Business Plans – Why People Feel Nervous and What You Can Do About It
If you are looking for finance to either start up a business or expand your existing one you have to spend time preparing for the interview with the Bank. But many people have a problem in presenting themselves in front of strangers! Let’s consider why people find the idea of selling themselves and their business a daunting task.