Current Events

The Obama administration is widening its mortgage refinancing program. Borrowers whose loans are currently worth up to 125% of their home's value are now eligible to refinance their homes under the Obama foreclosure prevention plan announced in February. Previously, the limit was 105%. The government is trying to make funds available to borrowers. The economy is in a sad state. The stock market isn't doing to well right now, Wall Street took a turn for the worst Thursday, with all of the major market gauges off at least 2%, while a worse than expected jobs report provoked fears that the recession could go on much longer than once thought. The Dow Jones industrial average fell 200 points, or 2.4%, with 20 minutes left in the session. The S&P 500 index lost 24 points, or 2.7% and the NASDAQ fell 48 points, or 2.6%. The unemployment rate has risen to 9.5% from 9.4%, forecasts predict an increase to 9.6%. The commercial real estate loan default rate is at its highest level in more than a decade and a half. More and more people will be looking for loans from places other than their local banks. Commercial loans businesses like mine can help you get a loan for the property or properties that you want to purchase to expand your business. If you need a commercial loan then click the red button below to fill out a quick Pre-Qualification form

Back Again......

The government is really trying to make funds available. I received some information. There has recently been a change to 504 Certified Development Company Loan Program Regarding Debt Refinancing as a Result of Recovery Act. The American Recovery and Reinvestment Act of 2009 was signed into law. This Act changes the Small Business Investment Act to permit debt refinancing under certain circumstances as part of the 504 Certified Development Company Loan Program. SBA has amended its regulations to implement the new law. The debt refinancing authorized by the Recovery Act is available for loan applications received by SBA on or after June 23, 2009. 504 Projects may include a limited amount of debt refinancing, as follows: If the Project involves expansion of a small business applicant, any amount of existing indebtedness that does not exceed 50 percent of the cost of the expansion may be refinanced. The debt being refinanced will be added to the expansion cost to establish the total project costs, if all the conditions discussed below are met. “Expansion” includes any Project that involves the acquisition, construction or improvement of land. The government is trying to make funds easier to obtain. If you are a small business owner looking for a commercial loan click the red button to fill out a quick Pre-Qualification form

Learning more and more about commercial loans everyday

Hello again.....just another day at the office gaining valuable experience in the world of marketing and finance. Its amazing how things have changed in the world of finance due to the economy. The economic downturn has made it difficult for small business owners to get loans since the banks aren't lending right now. I learned today that before the recession it was quite easy for business owners to get loans from their local banks for properties that they wanted to buy. All they would have to do is go into a bank and put down their signature. Now banks are not lending. So people now are turning to companies like the one I am interning for, Commercial Capital Ltd. We provide our clients with the best options to meet their immediate and long-term needs. 100% commercial loans are not available in this market but we will try and help the client understand what type of loan they are capable of obtaining. We try and help as best as we can, after all, every time you turn on the news you see yet another giant company asking for some ridiculous amount of money through some kind of federal bailout.I guess that's how things happen sometimes, but thank you for listening and if you are one of those business owners who needs a loan on a commercial property to purchase a commercial property or to expand your business call (863) 298-8900 and let Commercial Capital Ltd help you get that commercial loan. Click the button below to fill out a quick Pre-Qualification form.

My first blog

This will officially be my first blog. First let me introduce myself, my name is Marcos Lopez II and I am a college student interning for a commercial loans business. I am very excited about my future and also happy to be gaining experience interning while trying to earn a degree in Business Management/Marketing. Today I received some insight in the financing world. Today I learned that you must check the facts on what people say about their ownership of a property. Sometimes people will call in and ask for help on getting a loan and say they own a building or property and provide no documentation providing proof of ownership. Financing can be stressful at times. Sometimes you get people who will call in wanting some multi-million dollar loan while they have horrible credit and no collateral for the loan! We try to give people insight in what they can and cannot do in terms of obtaining a loan. I am mostly involved in the marketing aspects of the business, doing advertisements online. I'm always trying to learn new innovative ways of marketing on the Internet. After all the Internet is the present and the future of the marketing world. Thank you and if you are interested in obtaining a commercial or business loan click the following button below