Wednesday, September 19, 2007

New programs

While much of my practice surrounds commercial mortgages, there's a whole world of programs out there, especially for business owners with less than perfect credit.

Non-traditional business loans we can write include:
  • Heavy equipment leasing and purchase: These loans include items for heavy trucks and other construction equipment, especially bulldozers and excavators.
  • Accounts receivable financing: an excellent method for businesses to get through predictable dry seasons in revenue.
  • Medical working capital: Doctors, dentists, veternarians, and other medical professionals can get immediate loans to expand their practices, consolidate debt or even handle personal expenses.

Those last loans tie together very nicely with a loan program for medical professionals that allow for a purchase of office space wtih 97% loan-to-value.

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