Hard Money 101
Hard money loans, or private money loans, can sound intimidating. If you are interested in working with a hard money loan but are overwhelmed by the terminology, check out the following blog post on everything you to need to know about getting started with hard money loans.
Five Common Mistakes to Avoid with Private Money Loans
Private money lending has become more popular as conventional banks tighten their procedures for approving residential and commercial loans. A conventional loan might be turned down for any number of reasons including credit problems, self-employment, previous foreclosures, bankruptcies, or other issues. Private money investors may be more flexible for approving your loan, but there are […]
Three Things to Do if You’re Turned Down for a Commercial Loan
Business is tough and it is even tougher when you go to a bank and ask for a commercial loan, only to be turned down. To avoid the adage about doing the same thing over and over with the same result, do some investigation into the matter and do some basic sleuthing to discover the […]
Five Reasons Hard Money is the Best Option for Commercial Real Estate Loans
Hard money commercial loans from Shop Commercial Mortgage are revitalizing the commercial lending market, and here are five reasons why this is happening:
What to Expect When Applying for a Commercial Mortgage Loan
Getting a loan for your business can be exciting because you will have the funds to improve your existing business or perhaps purchase a new property for expansion. The downside is that the commercial loan process is significantly different from a residential loan familiar to most business owners.
How Commercial Real Estate Loans Work
When your business needs to grow, you will be entering the commercial real estate market. Part of the process, once you have an idea of the property you need, is to secure a commercial real estate loan. It may sound easy but it’s not quite the same as obtaining a mortgage for your home.
Advantages of Doing Business With Shop Commercial Mortgage
Shop Commercial Mortgage is not your typical commercial mortgage lender. We offer many advantages over conventional commercial lenders, with the primary advantages being the ability to get commercial lending without credit or if you are self-employed. There are many others:
Florida Commercial Loan Criteria and Terms
Shop Commercial Mortgage can normally provide money to approved borrowers in two weeks. To get a better understanding of our loan criteria and terms, they are summarized below:
Can I Get a Commercial Loan With Bad Credit?
Florida Private Money | FL Commercial Bridge Loan If you run a business or are starting a new one, you may be having trouble securing a commercial loan because of a low credit rating or a lack of established credit as a new business owner.
Commercial Real Estate Loans: How to Find the Right Commercial Mortgage
FL Commercial Mortgage | Florida Private Money Commercial mortgages are often needed by property owners for either purchasing additional properties or renovating to keep the existing property in top condition for their rental clients.
