Technology Credit Union Grows Its Commercial Lending Portfolio by $15 Million

Technology Credit Union Grows Its Commercial Lending Portfolio by Million
SAN JOSE, CA–(Marketwire – Feb 21, 2013) – Technology Credit Union (Tech CU) kicked off the New Year with a bang, closing nearly $ 15 million in commercial real estate loans in the last month of 2012. The organization also finished the year with strong …
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WND: Transitional lenders target Bakken
Wells Fargo was the top U.S. Small Business Administration lender in terms of dollars last year and John Giese, Wells Fargo regional banking business manager, says his institution often utilizes SBA loans for its Bakken clients because they offer …
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Lastest Commercial Loans News

Chase small business loans up 58% in state
Chase, the U.S. consumer and commercial banking arm of JPMorgan Chase & Co., said it extended nearly $ 7.5 billion in new loans to small businesses in California in 2012, up 58 percent from 2011. California's share represented more than a third of $ 20.2 …
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Two-Thirds Of Commercial Loans Paid At Maturity In January
Last month, 66.9% of commercial real estate loans reaching their balloon date paid off, an increase of more than 12 percentage points from the December 2012 reading, according to new data from Trepp LLC. January's total was also the second highest …
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Commercial Loan Direct (CLD Capital) Announces new Small Balance Loan
Commercial Loan Direct, a business division of CLD Capital and one of the top five online originators of commercial mortgages and apartment loans in the country, is pleased to announce the launch of its newly formed small balance program. In addition …
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Mercantile Capital Corp Provides Commercial Loan for Hampton Inn & Suites in
Mercantile Capital Corporation, one of the nation's leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to buy or develop their own facilities, closed a commercial loan for a hotel in Camp …
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Commercial lending helps Fox Chase earnings
The bank attributed its financial strength to an increase in commercial loans and non-interest bearing deposits, as well as a decrease in the pace of nonperforming assets. Crissa Shoemaker DeBree: 215-345-3186; email: cshoemaker@phillyburbs.com; …
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