November 20, 2015
We are excited about another local organization who secured financing through The Best Business Loans in Town. When New Hope Fellowship in Palm City was building their Family Life Center they ran into a snag. Unforeseen cost overruns left them with a beautiful shell of a building that was short of the […]
November 20, 2015
BY JOHN PATTERSON – Jupiter, FL Once a year the Federal Reserve Bank puts out an exhaustive survey report called the Joint Small Business Credit Survey Report. The survey engages the business community and asks them questions concerning their financing and credit needs. The survey provides wonderful insight into the dynamics behind […]
November 30, 2015
Commercial Loan Rates – South Florida 12/01/15 All quiet on the interest rate front heading into December. In November the five year Treasury started out the month at 1.57% and ended up at 1.64%. The ten year Treasury remained almost unchanged from 2.20% and ending the month at 2.22%. These rate changes seemed to […]
January 4, 2016
Were you wild in your youth? Get ready for some additional work and time. A Small Business Applicant is not eligible for SBA assistance if the business has an Associate of Poor Character. An individual with Poor Character includes a person who is incarcerated, on probation, on parole, who are currently under […]