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Loan Packaging Services
Finding a loan packing service is very difficult. Most of the forms needed for a commercial loan are available online. You may also ask for an application and checklist from a local lender to begin preparing your loan package for submission. In both cases you will have a checklist but very little guidance on how to fill these documents out, or what the lender will be more...
Stated Income Real Estate Loans
Do these really exist anymore? The truth is that this product type is extremely rare. Exercise extreme caution as you visit with sources that have stated income programs because most of them are "smoke and mirrors." Watch out for up front fees or major delays in the underwriting process. Stated income commercial loans are primarily focused on the real estate itself. The more...
The Secret to Getting Your Business Loan Funded
If you recently applied for a commercial loan and had your application denied we want to talk with you. In many cases you need an expert to review your package and get you to the right lender. Lenders are required to give you three reasons when they deny your loan request. Underwriters will have one or two relevant reasons for a decline. It is very difficult to know why more...
FF & E Financing
Whether you are looking refinance, purchase or even cash out some of your equipment we have financing options for you to review. FF & E financing is more difficult to find due to the liquidation values of the collateral. You can imagine a lender liquidating lamps, tables, computers and other miscellaneous items to recover loan funds on a bad loan. For this reason many more...
Online Commerical Lenders
Online commercial lenders may not be what they may seem. Recently we have been contacted by several lenders looking for a place to get loans funded (a result of our Google ranking). They have seen the results we have been able to accomplish and would like to send referrals our way. Some of these lenders have also marketed the Hoffman Consulting Group in an effort to more...
