by Dave Dambro | Oct 12, 2020 | Blog, Commercial Loan News
The process of commercial loan borrowing is intricate, and costs a lot of time and money. Before applying for a loan, consider these tips to better prepare yourself for what’s to come! Tip #1: There are a multitude of rates and options — and they’re...
by Dave Dambro | Jun 5, 2020 | Blog, Commercial Loan News, Commercial Real Estate, Fast Business Loan, SBA
…this is the new normal. There has been a major shift in the landscape of commercial and business lending as result of the recent economic shutdown due to COVID-19. Some of the effects on the economy are obvious, while others are not yet as clear. On an...
by Dave Dambro | Feb 20, 2020 | Blog, Bridge Loan, Commercial Loan News
For ComCapFL, 2019 was the year of the Construction and Bridge Loan. Most of these mortgages were conventional, non-SBA, non-government loans — which confirms that not only are we able to secure multi-million dollar non-recourse loans, but we’re able to do...
by Dave Dambro | Aug 9, 2019 | Archive, Commercial Real Estate, Refinance
St. Lucie County, FL This investor was post-divorce and needed a liquidity solution, fast… but the cards were stacked against him. Even though he had a full portfolio of SFR’s, the bank still couldn’t consider this loan. The income property was worth...
by Dave Dambro | Jun 19, 2019 | Archive, Bridge Loan, Fast Business Loan, What's Closing Now
Melbourne, FL A fast closing was essential for a 40 year-old, stabilized government contractor. They called their own bank for a CRE cash-out refinance loan on their office property — a pristine piece of CRE collateral with less than $100K left on the original...
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