We Closed A Small Business Loan For This Bakery, in Highland Park, Despite Their Issues Open Judgements Credit Scores below 600 Multiple residential properties not making money that owner wanted to consolidate into the loan on Bakery Needed to re-cast tax returns in...
This Family Restaurant’s Bank Had Been Bought Out And The New Bank Said NO RESTAURANTS! What To Do Now? They had been to four major banks who all turned them down for refinancing! At this point they thought they were going to lose their business that had been...
Our commercial real estate client had an 800 credit score and a duplex that was fully occupied with cash-flowing very well. Only a 60% loan-to-value. This sounds like lending nirvana. It should be no problem for this guy to go to any bank in the country and get a real...
This business was losing money in 2012. Another challenge was this store does a lot of cash sales which is hard to prove. We had to do extensive underwriting to determine true cash-flow for the 2012 loss and also document all the cash sales before any lender would...