Commercial Real Estate Loans » business commercial loan

Commercial Loans-Personal Guarantee

VK — Tue, 27 Apr 2010 18:23:45 +0000

A commercial loan personal guarantee is a business owner agreement with a lender to be individually responsible for a business debt. Generally, these guarantees are requested by the lender when making loans to small business corporations or limited liability companies (LLC). The lender wants to ensure that if the company defaults on the loan that they are fully repaid. Typically these agreements are signed by a person involved in the business such as an owner, officer or board of directors.

You may be able to avoid a commercial loan personal guarantee by negotiation, building an excellent corporate credit profile, having a strong business with great cash flows and obtaining referrals of lenders who do not require personal guarantees.

If you are not able to avoid personal responsiblity, the lender will examine your personal wealth, including all your personal assets, debts, tax returns and bank accounts. If you truly believe in your business endeavour the lender will expect you to provide this information and personally guarantee your corporate debt.

Commercial Financing California

VK — Mon, 29 Mar 2010 22:50:35 +0000

Borrowers many times in seeking commercial investment loans will overlook the fact that during the due-dilignece phase conducted by the lender, that the lender will review all property permits, insurance policies and general business practices. For a smooth investment loan approval process the borrower should review all pertinent permits, licenses, insurance policies and ensure that their tax compliance is up-to-date otherwise a failure to have these documents in order can delay the process.

Commercial Property Loan

VK — Tue, 02 Mar 2010 20:12:00 +0000

Many people find the process of purchasing commercial property a challenge. Most investors cannot finance this type of loan from their own pocket. They need some financial backing. This is why you need a commercial loan broker. There are many commercial property loan lenders in the market but they want to lend money only to the right buyers.

Qualifying for this type of loan can be a tough road. You need to submit the necessary documents to the lending company and tax returns will normally be a requirement. These loans can take around 30 to 60 days of processing time.

Interest Rates and Buyers-The Two Shall Meet

VK — Mon, 01 Mar 2010 23:44:33 +0000

When a single point climbing in the interest rate category, many investors would cringe at the thought of being squeezed for more monthly income, now the same investors are taking the nonchalant attitude of indifference.

What has changed is the economy, taking with it a he pool of available renters and would be tenants. As the economy falters, with jobs stalled and businesses closing the doors, investors are holding fire sales for empty buildings. Those that are still in business, have little need for loans and are keeping their capital under the mattress.

What about the ones who do have some money and want to continue to invest? Believe it or not, there are plenty of buyers out there, but they are squeamish. It’s been a while since I’ve had a buyer make an offer sight unseen and then worry about the financing after they were secure the deal was tied up. Somewhere they exist, but where?

Business Commercial Loan

VK — Fri, 26 Feb 2010 17:04:18 +0000

A business commercial loan is normally different than a real estate loan. If you are looking for a line of credit with the local bank you do business with, you can approach them about lending you money for operating costs or expansion or even capital equipment purchases. Normally, you pledge assets in the way of inventory, accounts receivable, and you give the bank a security agreement by way of a UCC lien. This type of loan is not a real estate loan.

Real estate is normally the collateral when you are trying to fund a loan for a building or investment property. Normally, if you go to a bank, they will want to know that you occupy at minimum 51% of the property and that your business balance sheet will support the loan payments.