Advertising in a small business is an art that no one should underestimate. Companies wind up in trouble and squander the time, talent and energy of their workforce when they lose focus, spend money on things that don’t make a difference to employees or the future of the business, and use operating models that are out of whack.
Also note the guaranteed portion is typically sold on the secondary market (which has recently shut down to almost nothing in September of 2008) so there is more chance for loans to be sold and more money to go back into the coffers of the banks for further lending.
Commercial Construction Bridge Loans: This is a type of construction loan meant for the purpose of providing temporary finance for a new construction, or for making improvements on an already existing structure, in order to enhance the available cash flow from the property.
Truth in Lending Act: A federal law that requires the lenders to disclose some key information related to credit transactions, like interest rates, finance charges, and the cost of the loans to the borrowers, so that they can compare various types of loans.
This loan is a two lender loan that is made by a bank and a Certified Development Company, with each lender sharing part of the risk, it has an upper limit of $4 million, the borrower must put up 10 percent of the loan amount, it is restricted to businesses with less than $7.5 million in hard assets, and less than $2.5 million in net income.