Articles
How to Setup an Emergency Line of Credit
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 [...]
Idea Financial Reviewed by LendVer and Named its 2020 Best Business Line of Credit Lender
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, [...]
Investment Property Interest Rates Slide
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 [...]
Financing for Michigan Businesses
The Great Recession saw the Michigan economy and its businesses decimated. Since then, the state and its winning people have fought hard and spawned a growing economy, stable employment, and a burgeoning real estate market. No economy has been immune to the effects of COVID-19, and Michigan is no different. The difference between now and [...]
LendingHome Reviewed by LendVer and Named its 2020 Best Residential Investment Property Lender
WILTON, CONNECTICUT, UNITED STATES, August 17, 2020 /EINPresswire.com/ — LendVer, the reputable database of vetted business and investment property lenders has finalized its review process for the 2020 Best Residential Investment Property Lender, and has selected San Francisco, California based LendingHome. LendingHome is America’s largest fix-and-flip lender, and provides short-term bridge loans of 12 to 24 [...]