By: LendVer Staff – In recent months, and especially since the Fed’s September rate cut announcement, mortgage rates for investment residential properties have been steadily decreasing, presenting an attractive opportunity for real estate investors. Many investors have been sitting on the sidelines waiting for rates to come down. Now, lower rates mean reduced borrowing costs, [...]

By: LendVer Staff – Starting a small business is an exciting prospect, and stories of overnight successes are abundant in the news and on social media—but unfortunately, not all entrepreneurs are destined for greatness. According to the U.S. Bureau of Labor Statistics approximately 20% of new businesses fail within the first two years, 45% within the first five [...]

The $3.1B preferred SBA lender leverages the Fed’s recent rate reduction and the SBA’s guarantee fee waivers to offer even more affordable business financing. ST. CLOUD, MN, UNITED STATES, September 23, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., is leveraging the Fed’s recent rate announcement to lower interest rates on [...]

By: LendVer Staff – On the path to growth, business owners sometimes find that they’ve accumulated more business debt then they originally anticipated. Consolidating business debt is possible and involves combining multiple debts into a single loan, often with a lower interest rate or lower payment. Consolidating business debt may potentially reduce overall costs, making [...]

By: LendVer Staff – Obtaining business financing with low credit can be challenging, but it’s not impossible if the right steps are followed. The first plan of action is to learn what your credit score is and evaluate the components of it. Locating your credit score is not as difficult as it used to be [...]