If we all learned one thing from the Great Recession, and now from the COVID-19 pandemic, it’s that having reserve capital on-hand is essential to making it through difficult times. The Paycheck Protection Program “PPP” was a welcome relief for many small businesses, but the program expired on August 8, 2020 and Congress is gridlocked [...]

WILTON, CONNECTICUT, UNITED STATES, September 9, 2020 /EINPresswire.com/ — LendVer, the reputable database of vetted business and investment property lenders has finalized its review process for the 2020 Best Business Line of Credit Lender, and has selected Miami, Florida based Idea Financial. Idea Financial is one of the newest members of the alternative business loan industry, [...]

The start of the COVID-19 pandemic saw investment property lenders quickly constrict lending guidelines, and then most ceased funding altogether. Hard-money lenders remained active, providing much needed capital to real estate investors, but at much lower leverage, and much higher rates than before the pandemic. Watching from the sidelines, many conforming and non-conforming lenders were [...]