Jul 12, 2022 | Stated Income Commercial Loans, Success Stories
A dynamic husband-and-wife Chiropractic team wanted to purchase this beautiful medical office building in central Florida for $1 Million, pictured above. This would give them the facility they dreamed about for their practice and would also allow them to add rental...
Jul 12, 2022 | Commercial Rental Loans, Stated Income Commercial Loans, Success Stories
I will keep this short and sweet. Jenny from Boston wanted to purchase a rental property in Boston, pictured above, for $749K. This was a duplex that would create a nice income stream for her. We were able to secure her a 30-year fixed rental loan at 75% LTV without...
Jul 5, 2022 | Business Brokers, Small Business Loans, Success Stories
Ok, so what happens when your client is trying to purchase a business for $4.8 million dollars and they only have around $2.3 million in SBA eligibility left because they currently have a $2.7 million SBA loan outstanding? Can you say “Pari-Passu”? That is the only...
Jun 10, 2022 | Small Business Loans
For the past year Ivanhoe Capital Advisors (agent of MVB)/ MVB Bank (member FDIC) have been pre-qualifying businesses for SBA loans. It has come to our attention that there is a huge problem in this practice. There are a lot of banks and lenders who are pre-qualifying...
Jun 7, 2022 | Business Brokers, General Information
This is so important when taking on a listing, and is often overlooked by a lot of business intermediaries. We talk with a lot of business intermediaries who are only valuing a business based on multiples and not on the amount of debt that business can service. In...
