News
Traditional Business Loans
I'm often asked by bankers and borrowers if there are any traditional business loan programs still functioning in the current credit environment. The answer is yes, they do still exist; however, most lenders are utilizing government guarantees on as many loans as they are able. This is especially true of the community bank and credit union environment. I haven't seen the more...
Mining Equipment Leases
The mining industry has some unique risks that many traditional lenders are uncomfortable with. Some of these risks include the borrowing needed for exploration, regulation changes, and the inherent risks of operating equipment underground. In some cases, mining companies will seek loan or lease funds to build the infrastructure of their operation. These financing more...
Aircraft Leases and Loans
In many cases loans or leases for aircraft can be difficult to find. Many lenders are uncomfortable with aircraft due to the risks involved. The required maintenance, annual inspections and licenses to own and operate aircraft make it a unique industry. It is important that you find a lender who understands the industry and has experience with this collateral type. more...
Trucking Equipment Leases
We have had a bit of success lately with tractor and trailer leases. We have had a more favorable experience leasing this equipment type because the advance rates on the equipment is higher than traditional loan products. In fact, some of our leases have been financed at over 100% of the value of the trucks taken as collateral. It seems that the leasing industry more...
Commercial Loan Experts
If you have ever had a banker or broker tell you they are an expert, you have probably raised an eyebrow in disbelief. To be honest, I really can't blame you for being skeptical given the current credit climate and the bankers/brokers we visit with. There are very few experts in the commercial credit industry today. In reality, it comes down to how you define more...
