Setting up a business needs to work for you personally as well as from a business point of view. It's a big commitment that will take a lot of hard work, so you need to be sure you can do it and that your lifestyle can handle it. You also need to...
A commercial mortgage is usually the name for a loan that is secured by real estate. This means that the loan will be paid back on time and in full. It is similar to a residential mortgage, but the difference is that the collateral and building...
Once you know if your business will work and have looked at the market, it's time to make a business plan.
What is a plan for a business? It's a thorough look at your business, including its goals and finances. It shows what the company's...
A good business idea and a thorough business plan are the two most important parts of a successful business. The plan will put meat on the bones and turn your idea into something real and workable.
If you want to start a business, having a...
Well, if you don't want to, you don't have to!
Anyone who wants a commercial mortgage can apply and negotiate directly with any commercial lender. However, some commercial mortgage lenders will only work with professional mortgage...
One of the things people get wrong about commercial loans is how long it takes to set them up. Some types of business loans can be gotten in as little as a few days, while others can take up to 60 days or even longer.
A commercial real...
A Guide to Business Mortgages
When getting a commercial mortgage, it's important to know what to expect. Too often, business owners need money quickly and take the first deal they find. When choosing a commercial mortgage, you should...
When starting a new business or growing an existing one, many business owners look for ways to get a commercial mortgage so they can buy a place to run their business. In the end, there isn't much difference between a commercial loan and a home...
A bridge loan, which can also be called a hard money loan, is a short-term loan that is used until a person or business can get permanent financing. Basically, they "bridge" the gap between today's need for quick cash to pay bills and the final...
Tell your auto mechanic, the owner of your favourite restaurant, and the person who cleans your pool that it's the end of the line for subprime business loans. I think that in six months, the market for subprime commercial mortgage loans will...