A Chapter 11 Bankruptcy is a last source for a business owner to reorganize business debt. Perhaps it was a non performing business partner, embezzlement or a nonperforming CFO, which led to your Chapter 11 petition. Creditors can also file an involuntary bankruptcy to force a business not meeting its obligations into court, such as […]
First Pro Capital Posts
Can Mezzanine Financing Help My Commercial Real Estate Property?
Mezzanine Financing can help you with your current commercial real estate project. Consider that Mezzanine debt be held as a short term liability. With our current financial markets, it is unnecessary to exit out of your first mortgage, you can manage your low interest commercial mortgage and have the mezzanine debt as your second lien […]
Your Business Credit Report Cannot Be Ignored
Your business depends on your personal credit and business credit. Your business credit report is accessed when you apply for SBA or a conforming commercial loan. Business owners should review their business credit report, if they are applying for business lending or commercial lending. Simply go to Experian Business and Dun and Bradstreet. If you […]
How Can a SBA Loan Help a Business Owner?
If you wish not to apply for an asset based business loan or asset based business line of credit, a SBA loan with conforming rates would be a great alternative. It is unnecessary to opt into a commercial hard money loan if you have the qualifications for a conforming business loan program. Good Business Lending […]
2022 Credit Score Trends for Business Lending
For the past two years, there has serious been obstacles for the American business owner. From radical lockdowns, supply chain issues, good employees and vaccine mandates. We understand the business owner and strive to assist our clients who are seeking business credit restoration and business lending. The EIDL COVID relief program has finally shut down […]
How Can a Short Term Business Bridge Loan Help Me?
A short term business bridge loan is a non-bankable business loan, it is a line of credit starting from a three to 24 month term. Always review the terms and interest rate on your short term bridge loan. You should always plan to have an exit strategy of your non-bankable business loan. The strategies should […]