September, 29 2020 | By: LendVer Staff – The Paycheck Protection Program “PPP” expired on August 8, 2020 with approximately $138 billion in funding remaining, and millions of small businesses still in need. For almost two months Congress has remained gridlocked on passing new legislation that would extend the PPP, potentially add $160 billion of [...]
2020 Best Best Business Line of Credit Lender: Idea Financial
September, 10 2020 | 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. The Paycheck Protection Program “PPP” was a welcome relief for many small businesses, but the program expired [...]
Idea Financial Reviewed by LendVer and Named its 2020 Best Business Line of Credit Lender
WILTON, CONNECTICUT, UNITED STATES, September 9, 2020 / — 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, [...]
2020 Best Best Residential Investment Property Lender: LendingHome
September, 1 2020 | By: LendVer Staff – 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 [...]
2020 Best Best Commercial Real Estate Lender: South End Capital
August, 19 2020 | By: LendVer Staff – 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 [...]