…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...
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...
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”...
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...
Miami, FL Only 3 years after purchasing the CRE for his practice, this medical professional/building owner was buried in debt. The bank said NO to any additional funds. We said “Yes” with an SBA 7a loan for debt consolidation and expansion to build out an...
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...
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