A nation at home. Unemployment in record numbers. Businesses closing for good. What does the immediate future of lending look like in a post-COVID-19 world?
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 see often in early-stage businesses. Using a…
Continue reading $242,000 Term Loan/SBA – Dental Office Construction
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” when the banks couldn’t – again.
Refinance – Industrial A 25-year-old family business ran into a wall with the bank. The bank called their note post-recession just as their real estate collateral value dropped. The pressure was on and business was slow. What the business did not know is that the SBA is also tasked with saving good, solid businesses that…
Continue reading $1,144,500 SBA Restructure, Refi CRE – Manufacturing Co
The bank said “No” to any additional funds. We said “Yes” with an SBA 7a for debt consolidation and expansion to build out an op, mark
Rohnert Park, CA A successful dentist worked with the bank for more than 2 years to get a loan to purchase a property and open a new practice. The banks were saying NO over and over again. Thanks to SBA and its use of pro-forma, our team was able to illustrate pro-forma with her 2…
Continue reading $2,320,000 SBA Expansion w/CRE – Dental Offices
Kendall, FL This hard-working dentist was referred to us just three years after purchasing his commercial real estate, when he couldn’t find a loan to help add more equipment to his growing practice. Without the needed equipment, the business’s margins continued to tighten and the dentist’s personal debt climbed. The bank was hesitant to refinance…
Continue reading $1,625,000 SBA Refi w/CRE – Dental Office
Port St. Lucie, FL This skilled granite fabricator had outgrown the 2,500 square-feet of space it was leasing and was losing business as a result. He knew he needed to purchase a building with more space, and after going to the banks and being turned down 7 times, he was referred to Commercial Capital Ltd.…
Continue reading $375,000 SBA Purchase CRE – Manufacturing Co. 
