Category Archives: Commercial Loans

Bel Air approves loan for new cookie bakery on Main Street

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Bel Air approves loan for new cookie bakery on Main Street
The loan is the first approved under a new small business revolving loan fund the town government set up in the past year, using $ 75,000 in town funds and a $ 50,000 state community legacy grant. The revolving loan fund is designed to provide low cost …
Read more on Baltimore Sun (blog)

Fifth Third tops charts for loan, deposit growth
Fifth Third CEO Kevin Kabat said in a conference call last month to discuss fourth-quarter earnings that Fifth Third's efforts to focus on loan growth have paid off. It has hired several lenders, particularly to handle business loans. Its commercial …
Read more on Business Courier of Cincinnati (blog)

FirstMerit profits jump by 25 percent last quarter as commercial loans soar
FirstMerit Corp. today said fourth-quarter profits soared by 25 percent, thanks in part to a 65 percent jump in commercial loan production for the fourth quarter. The Akron bank also cited declining loan losses and shrinking expenses. The bank earned …
Read more on Plain Dealer

Factoring Loan Alternative Now Offered from Lenders Commercial Finance
Designed to help entrepreneurs overcome the limitations of traditional business loans, LCF loan programs can solve a number of business challenges – building out or acquiring the inventory needed to book and fill new orders, meeting outstanding …
Read more on PR Web (press release)

Lastest Commercial Loans News

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The Mezzanine Loan Surprise
As a result, the Uniform Commercial Code, rather than real property law, will govern that security package. And the UCC gives every mezzanine lender that receives an equity pledge a potentially very powerful and quick way to get rid of the mezzanine …
Read more on Commercial Observer

Wells Fargo Got Some Nice Holiday Presents
It is also the #1 commercial real estate originator, the #1 middle market commercial lender, the #1 small business lender, etc. It was careful with its own mortgage originations before the housing crash, but it bought Wachovia as a result of the US …
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Lastest Commercial Loans News

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Successful private investor might be ready to approach a commercial lender
You'll find that commercial lenders charge more, and require more in equity, but can make loans that are more flexible. For example, you might be able to combine all of the loans on the 8 properties you own into one huge loan — and there are plusses …
Read more on Chicago Tribune

Ann Murtlow Joins Board of Directors of First Internet Bancorp
First IB also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. First IB is a wholly owned subsidiary of First Internet Bancorp. Safe Harbor Statement. This press release may …
Read more on Business Wire (press release)

£23bn of commercial loans 'in breach of financial covenant'
£23 billion of outstanding commercially-secured loans are in breach of financial covenant, existing outside of previously-agreed restrictions, according to the latest De Montfort University Commercial Property Lending Report. The study – which surveyed …
Read more on Bridging and Commerical