In Franklin Savings Bank v. Bordick, issued on February 29, 2024, the Law Court reversed a decision of the Business and Consumer Docket (BCD) and remanded a personal property recovery judgment for further analysis regarding […]
Mountain America Credit Union Mountain America is the No. 1 credit union lender for most SBA loans on Callahan & Associates’ list A Media Snippet accompanying this announcement is available by clicking on this link. […]
Key takeways Compared to other types of lenders, banks may offer larger loan amounts and lower rates Banks typically require a credit score of at least 670 for a small business loan Bad credit and […]
(Bloomberg) — Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed […]
According to the Mortgage Bankers Association’s latest U.S. Commercial / Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8 percent) […]
New appointment further strengthens GreenLake’s bridge loan platform Firm expects to close approximately $400 million in loans in 2024 LOS ANGELES, March 11, 2024 /PRNewswire/ — GreenLake Asset Management (“GreenLake” or the “Firm”), a nationwide […]
In the dynamic sphere of commercial real estate finance, Crux Commercial Partners stands out as a beacon of innovation and success. With the recent addition of Greg Satterfield to their team, they’ve underscored their commitment […]
Ben Ashkenazy of Ashkenazy Acquisition Corporation, in collaboration with Breakwater Hospitality Group, recently spearheaded developments at Bayside Marketplace, introducing Pier 5 as a new beacon of entertainment and dining on Miami’s waterfront, the city’s vibrant […]
Commercial loans help businesses buy other companies. Getting money from lenders to purchase a business is called acquisition financing. These loans let you take over an existing company and make it part of your own. […]
“With the market expecting a reduction in base rate in the months ahead, the appeal of variable rate mortgage deals has increased for many business borrowers.”– Tom Renwick, head of business lending at Atom Bank […]
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