Month: September 2011

Reputation is everything in commercial lending. Banks need to have a good reputation to attract quality customers. Private lenders have to be established and show a strong track record of closing loans to attract new commercial loan borrowers. In this same manner, commercial loan brokers / consultants must also have a strong reputation. There are…

We have seen time and again that commercial loan borrowers are getting requests from their existing commercial lenders to make pay downs, sometimes large ones, on their commercial loans and lines of credit. Many times these pay down requests are at maturity, but in some cases they are in the middle of a commercial loan…

We field distressed commercial loan borrower calls almost daily here at CommercialLendingX.com. It usually starts with something like “I have been with my existing bank for fifteen years. I have never missed a payment and have always been a great customer. My loan is set to mature next month and just the other day I…