Posts Tagged ‘banks’
If I give a personal guarantee on a business credit card for my corpo how does it affect my personal credit?
First let me say that I DO NOT want to know how or pay you to obtain business credit without a personal guarantee! I own a small business and I am incorporated, with an EIN and seperate business bank account. I am interested in possibly obtaining a business credit card, or a business line of credit. I was looking at some different banks/card [...]
10 points to the best answer!!!! i need a quick answer!!! credit card habits?!?!?
i work for First National Bank of Omaha. First National's Credit Card division is placing a lot of focus on "Innovation" for 2010. With all the government law changes, the banks profit margins are being squeezed. So First National is encouragin everyone to think innovative every day. With this effort, employees may be rewarded for ideas, [...]
Where can we get a business line of credit or loan?
We are looking for a ,000 loan or credit line for our business. We have been around for almost two years and we have good collateral through real estate investing. We also have good personal credit. We have not applied before but now we would like to have access to reserves credit to pile cash. Should we look at some small local banks or a [...]
$800,000 Commercial Real Estate Loan needed ASAP!?
My Partners and I are providing capital investments needed for operating capital, décor and design, however, our corporation needs 0,000 financing to procure the building and existing equipment for the restaurant location selected. The financing is required to begin work on kitchen design, architectural plans, manuals and recipe books, additional [...]
How do i obtain an UNSECURED credit card after just going through bankruptcy.. I am Canadian if it makes a dif?
wondering what companies i can look to to obtain an unsecured credit card with poor credit (bankruptcy)... ive exhausted banks, but are there any private companies? or maybe a bank i havent tried?
Has anyone gotten Small business credit line funding from banks yet?
We applied at the end of Sept. and broker is saying banks are being silent on applications. Anyone else in the same boat?
How do I consolidate my unsecured credit card debt?
I have about ,000 in credit/medical credit card bills. I tried personal loans with 2 different banks, but I didnt qualify because it was it was considered "too much unsecured debt".
Is the bailout partially responsible for destroying my industry?
According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, [...]
Where Can I Find Companies That Do Credit Card Transaction Processing For Internet Business?
I'm starting my own online business and need to process credit cards. I'm familiar with paypal and clickbank but would like to see if getting a merchant account with credit card processing features be a better fit for my business. However, I know that many banks do not like internet businesses, so is there a company that specializes in this [...]
Should I call it quits?
I've been a commercial real estate agent for 5 years now and for the first 4 years it was going fine. However, as many of you know, commercial real estate loans are going bad, and along with it, many banks are not lending. My brokerage is a very specialized brokerage. It is a car wash brokerage. Many commercial real estate brokers specialize in [...]
Is this the fastest and best way possible to establish credit?
(I have 1 year of making my auto loan payments on time.) 1) I plan to take out a 0 secured personal loan from my bank for 6 months. 2) Then go to a different bank with the 0 and take out another secured personal loan from that bank for 6 months. 3) Repeat this once more at a third bank. 4) Establish a 0 security deposit account at my [...]
They are robbing the FDIC to bail out the rich?
"Federal Deposit Insurance Corp. Chairman Sheila Bair said she expects her agency will finance as much as 0 billion in purchases of residential and commercial real estate loans." I'm sorry, can some other please read this news story from yesterday very, very, very carefully, and tell me, does it or does it not explain that a private [...]
Loan Modification – Updating financial statements?
Hello and thanks for helping! I have had a hardship situation since May due to my small son carrying an infectious disease. I have had unexpected medical expenses and other related (diet, care, etc). I have never been late or missed mortgage payments. After being shut down for any options, like trying to get money out of my retirement account or [...]
REAL ESTATE…what is your opinion? Anyone in the field of work please answer!?
Serious answers... 10 points best answer. I'm in my early 20s, and I've always wanted to be a real estate agent. I kmow someone who does it part time, but we live in New York State. Even though the economy is bad and is affecting the real estate market, isn't a good time to get in the business if there are so many foreclosures? Because of [...]
Can I just not sign on a commercial note renewal?
I was forced to exit my company by my partners about 2 months ago. now some of the commercial notes are up for renewal. The banks would like my financials do I have to sign on these renewals...Or will they just have to refinance. Is there going to be an issue with my credit if I refuse to sign?
Where’s the best place to get a commercial loan?
Where is the best place for a new real estate investor to apply for commercial loans? There are many banks and online lenders offering commercial loans, so out of the thousands of options, where is the best place to start? I have read many books, but none seem to be updated with the current options the internet provides. If someone could recommend [...]
Commercial Real Estate Loans?
I need some experienced people who know where to go for commercial real estate loans. I live in the burbs of Chicago and own several properties and apartment buildings. Basically, banks are telling me that I cannot borrow more than 75% of the purchase price of the house regardless of the appraisal. I need to find a bank/lender who understands real [...]
$800,000 Commercial Real Estate Loan needed ASAP!?
My Partners and I are providing capital investments needed for operating capital, décor and design, however, our corporation needs 0,000 financing to procure the building and existing equipment for the restaurant location selected. The financing is required to begin work on kitchen design, architectural plans, manuals and recipe books, additional [...]
How to become commercial (non-real estate) loan broker dealing with line of credits and term loans?
I need to know what should I do to establish referral relationship with banks and whom should I talk at banks. Right now I am trying to call their toll free numbers and do not get any response.
5+ Units, Bank or Savings and Loans to refinance?
I have to buildings 7 and 8 units each and I ' ll like to refinance, but I dont know which Bank or Savings and Loans coudl refinance them, since is commercial and not all banks lend on commercial. Could you please help me? Thanks, by the way I'm in San Diego, Ca
Want to refinance commercial bldg, but ALL banks want horrendous fees! Help!!?
I'm shocked. We live in a small town. Wanted to refinance our building to get a smaller interest rate. Called every bank, and they ALL want HUGE fees to refinance our commercial building. Appraisal: anywhere from 00-4000 that WE have to pay, with no control over who they get. A bunch of other fees on top. Plus give them the last three [...]
