by Dave Dambro | Dec 22, 2020 | Blog, Commercial Loan News, Commercial Real Estate
The impact of the COVID-19 pandemic has been felt throughout the economy, but maybe not in all the ways one would expect. According to Ron Derven of NAIOP’s Development Magazine, “The COVID-19 pandemic is having a greater impact on commercial real...
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 | 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 | May 10, 2019 | Commercial Real Estate, Fast Business Loan, SBA
Augusta, GA Another client of ours, a dentist, was using his personal credit cards for his business expenses. Because of this, the client had a personal FICO score lower than 600. With a low FICO, no lender could close any loans for this client. This is something we...
by Dave Dambro | Jan 12, 2019 | Archive, Commercial Real Estate, SBA
Rohnert Park, CA This dentist needed capital for her practice startup with commercial real estate. An SBA 7a loan covered it all! The banks said NO for more than two years before she was referred to Commercial Capital Ltd., FL. We were able to say “Yes”...
by Dave Dambro | Dec 10, 2018 | Archive, Commercial Real Estate
Cocoa, FL This property was not your typical apartment property, but rather a “one-off” building (meaning some amenities of a typical apartment building were unavailable, which banks don’t particularly like to finance…) We were able to finance...
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