January 13th, 2017: In the world of residential development, a private money loan is a loan given to the investor and secured by real estate. As one of the more popular conventional bank loan alternatives, it can be secured by either a first or second...
You’ve probably noticed the difference in costs when comparing asset-based loans to commercial bank loans. Why would these seemingly similar sources of capital be priced so differently? Is the price difference a cause for concern? Let’s discuss the reason for these price differences in small...
Headline article in the Business section of The Greenwich Times in Greenwich, Connecticut on 12/11/16: Unfortunately, most small businesses go bank to bank, and when they’re told no again, they give up,” Ciaburri said. “They don’t know guys like me exist. Read full article here...
Commercial real estate developers used to have it easy. If a developer needed money for a project, he could easily approach any number of local or national banks seeking a loan with a high likelihood of approval. Today’s financing environment, however, is much tougher for...
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