Question: I am applying for a short term business loan for my business and I was just notified by my bank representative that I have a collection account which is reporting on my business credit. I have called the creditor numerous times to negotiate some type of settlement but they refuse, so now what? Answer: […]
First Pro Capital Posts
Commercial Hard Money to Loan or Not to Loan is the Question
Commercial hard money does not fit everyone’s purpose for commercial real estate financing. Not to Loan Commercial Hard Money We have teamed up with national lenders in assisting us with our customers with commercial financing If you have decent credit scores and enough equity in your property to finance, a conforming commercial loan with a low […]
A Short Term Business Loan is all Your Business May Need
Sometimes, a short term business loan is all a company needs. Expansions, remodels and partner buyouts are good examples of utilizing a short term business loan. The amortizations of an alternative short term business loan begin with 6 months and may extend up to 18 months. For example: A business owner wanted to remodel his […]
A Simple Need to Have Good Credit
What are the need to haves than the want to haves when apply for new credit? A need to have would be an auto loan, a business loan, a commercial real estate loan or a home loan. A want to have to apply credit would be a department store credit or another credit card after […]
Some FAQs about Alternative Commercial Loans
Q. What types of loan programs are considered alternative commercial lending? A. Hard Money Bridge and A minus paper commercial lending. Also, any type of commercial real estate that is distressed, foreclosed, or hard to finance due to property type Q. I have a 700 middle credit score, but the property I need to […]
Some FAQs and Answers about Alternative Business Loans
Q. What types of loan programs are considered as alternative business lending? A. The most common type of alternative business lending is a MCA, some finance amounts are less than $100,000 or up to $500,000, with amortization schedules up to 24 months. We have over 30 reputable lenders we work with. Q. Is alternative business […]