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…
Tag: commercial lending
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…
Commercial Lending X Announces 2019 Loan Policy
On 12/11/18 Commercial Lending X (“CLX”) released its comprehensive list of lending programs available to its clients for the first time. Referring to it as their “Loan Policy”, this policy provides a detailed breakdown of the terms associated with a majority of the lending programs CLX works with. Although not all inclusive, this policy provides…
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…
5 Commercial Lending Basics
Commercial loans in their basic form are a lending agreement between a business and a financial institution or private lender to finance the growth or operation of their business. These loans can be for variety of reasons and come in many different forms to serve a businesses needs. Some of these reasons would include acquiring…
So you want to buy an investment property, now what?
Investment properties, lots of people have them, maybe you want one too? They sound like a great idea, but what do you really know about acquiring and owning an investment property? Investment properties can be a great source of additional income. You just have to know where to start. There are many options out there…
SBA 7A & 504 Loan Benefits
The Small Business Administration (SBA) was established in 1953 and is a government agency that provides a variety of loan products and services to benefit U.S. based small businesses. The two main loan programs the SBA offers partially guaranty loans made to small businesses by approved and participating lenders, such as banks and finance companies.…
Equipment Financing - What is the best option for your business?
As a business owner, you may be acutely aware of how equipment can play a critical role in the operation and success of your company. Equipment can include anything from phone systems, computer monitors, printers and copiers to furniture, restaurant ovens, cookware, medical machinery, industrial equipment and more. So how does one purchase, replace, repair…
The Truth Behind Hard Money Loans
What comes to mind first when you hear the term “Hard Money?” Do you think of loan sharks, costly rates & fees, or troubled borrowers? Or do you see an opportunity to fix and flip a house quickly or purchase an investment property before someone else? There are a lot of different interpretations out there,…