Articles
The Best Veteran Small Business Loans
According to a recent Small Business Administration (SBA) report, veteran-owned firms represent about 9.1% of all U.S. firms. When you consider that there are over 28 million small businesses in the United States, the number of veteran-owned businesses is staggering. Veterans of the armed services are highly-trained professionals who are conditioned to operate under stressful [...]
SBA 504 Rates Drop to Record Lows
It has been a great month for the SBA 504 program as interest rates have dropped to historic lows. In a June 13th Fountainhead Commercial Capital release, its CEO Chris Hurn stated, “For the first time since the inception of the program 35+ years ago, the 20-year fixed rate has dropped below 4%. The June [...]
NYC Private Lending is Still Going Strong
Manhattan residential real estate sales have fallen for the sixth straight consecutive quarter, leaving many questioning whether their access to financing may soon be impacted by a weakening real estate market. Short-term, private real estate lenders also known as bridge lenders, can offer competitive financing solutions in transitional markets; and might be the only capital [...]
Finding Financing for Non-Profits
Non-profits are tax exempt entities organized under the Internal Revenue Code section 501(c)(3) as “public charities”. These organizations are created to provide a “public benefit” and generally help improve the communities which they are a part of. Because non-profits are tax exempt and structured differently from organizations that can be taxed, it can be difficult [...]
Do 30-Year Fixed Commercial Mortgages Exist?
The subject of this article may seem confusing because most people think a 30-year fixed commercial mortgage is just as prevalent as a 30-year fixed residential mortgage. Once you start looking for a 30-year fixed commercial real estate mortgage you quickly realize that they are tough, if not impossible to come by. So why can [...]