Do You Need Cash? Banks have been reporting mixed results this month but even on earnings misses, one thing has not changed, Banks are flush with cash. Yet, when you go to a bank to get cash out on your commercial property you are often met with extremely tight standards…it is STILL tough to get […]

Commercial Real Estate Professionals Please join us for our monthly commercial property exchange. We meet every third Wednesday of the month to exchange property and buyer information. Bring your flyers to pass out your information. CLOSED TO VENDORS Meeting Date: Third Wednesday of Every Month Jan. 19th th, 2021   Time: 8:30 – 10:00        Attend […]

Loan Amount: $1,723,000  Location: TX  The Story: THE BIG NEWS WITH THIS DEAL WAS IT WAS ALL BUSINESS LOAN-NO REAL ESTATE COLLATERAL SBA 7a Loan! Most banks can not go above $500,000 in “goodwill” or “air-ball” meaning unless there is hard collateral, they can not go above $500,000. MANY BANKS CAN NOT CONSIDER AN UN-COLLATERALIZED […]