Commercial Lending
Small business/ renovation and other types of loans are unmonitored. (Large building projects are tracked constantly, but smaller loans aren't).
1
Answers
I help you buy, sell, plan, value a business
This is because the small business and renovation loans are usually made to a person and it's their ability to repay which is important to the bank rather than the collateral they could seize.
Only people with cash flow and a good history with the bank can get these kinds of loans.
If you'd like to chat about a strategy to finance your business just give me a call.
Cheers
www.DavidCBarnett.com
Answered over 6 years ago