How to Get a Disaster Relief Loan
Posted: September 30, 2022 | By: LendVer Staff – Hurricane Ian smashed into Florida’s southwest coast Wednesday afternoon as a devastating Category 4 hurricane and by Thursday night left nearly 2 million homes and businesses throughout Florida without power. Hurricane Ian may end up being one of the most powerful storms to ever make landfall [...]
What is an SBA Express Loan?
Posted: August 25, 2022 | By: LendVer Staff – In a prior article we discussed what SBA financing is generally, but today we’ll be talking about a lesser known SBA program called SBA Express financing. The SBA Express program is very similar to SBA 7(a) financing and is technically part of that program, but there [...]
Another 75 Basis Point Federal Reserve Rate Hike
Posted: August 2, 2022 | By: LendVer Staff – The central bank announced the second consecutive 75 basis point increase of its benchmark interest rate after the meeting of its Federal Open Market Committee (FOMC) this past Wednesday. The two back-to-back 75 basis point rate increases are the most aggressive ever enacted. Jerome Powell, chair of [...]
NYC Investment Property Lending Stays Active
Updated: August, 1 2022 | By: LendVer Staff – Manhattan residential real estate is making a come-back as COVID concerns abate, but a faltering economy is leaving many questioning whether their access to financing may soon be impacted. Short-term, private and institutional real estate lenders also known as bridge lenders, can offer competitive financing solutions [...]
How to Open an Emergency Line of Credit
Posted: June, 15 2022 | By: LendVer Staff – 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. Government stimulus was a welcome relief for many small businesses, but most of those programs have [...]