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 | 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...
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...
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