We wanted to take a moment this holiday season to share our gratitude. We feel genuinely blessed to have such great relationships with our customers, referral partners, lenders and other supporters. Thank you for all that you do, and we truly hope your holidays are amazing. As always, we are excited to share a combination…
Author: Brad Hettich
Warren & Sanders Tax Plans: How They Will Destroy the American Dream
If you have not been paying attention to the tax proposals being recommended by Presidential candidates Bernie Sanders and Elizabeth Warren, you should. Although their proposals are only seeking to target wealthy earners in the United States, the effects of their proposals will slide down and hurt every American citizen in the long run. Here…
CLX Recent Success Stories & Policy Updates / New Programs
Recent Success Stories Below are a few recent success stories to help provide more detail on the type of transactions we can get financing for at Commercial Lending X. Banquet Facility Refinance – Client was looking to refinance a banquet facility being carried by a private lender who funded acquisition so the client could start…
Interest Rates - Could They Get Any Lower
Ever since the Prime rate started going up December of 2015 everyone has been expecting long-term interest rates to continue to move up, which they certainly did. Although there were temporary dips lower in long term rates, in general as Prime moved up so did long-term rates. However, something happened in 2019. As worries about…
CLX Recent Success Stories & Loan Program Updates
Recent Success Stories Below are a few recent success stories to help provide more detail on the type of transactions we can get financing for at Commercial Lending X. New Daycare Center Start-up – Client was looking to open their second daycare location. We were able to secure 90% financing for the start-up of their…
The Next Crisis in Banking - It is Not What You Think
The Great Recession hit Banks hard. Not only were many Bank’s under-capitalized at the time, but the quality of their loan portfolios was poor and in some cases dismissal, leading to large losses that almost completely crashed the whole financial system, the economy and even the Country. Great strides have been made since the Great…
September 2018 Lending Programs
At Commercial Lending X, we have programs to fit just about any financing need. Whether you need conventional bank financing, SBA financing, access to the CMBS, Fannie Mae & Freddie Mac multi-family loan programs, factoring, specialty equipment finance, or a bridge loan, we have sources to meet your needs. With over 200 funding partners, we…
Bank Mergers and the Effects They Have
If you work in or around the Banking industry, it seems a day doesn’t pass when there isn’t gossip of another potential Bank merger. However, that gossip has started turning into reality the past three years, as Bank merger activity has heated up. The Chicagoland marketplace was once dominated by small community banks, and an…