November 16, 2015
6 secrets to negotiating the best deal on your commercial loan Negotiating with most lenders on your loan terms is possible if you do it right. Not negotiating can be expensive. As an example a business that accepts a loan that is 1% higher than they otherwise could have negotiated, say on […]
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 […]
January 7, 2016
Pressure on raising commercial loan rates have begun to cause some South Florida Lenders to push up the cost of lending. The most obvious rise in interest rates can be seen in the business loan products that have a variable rate and are tied to the Wall Street Journal Prime Rate which […]
February 9, 2016
It’s February and love is in the air as most South Florida area Lenders have kept pricing on business loans at their near historic lows with very few reporting any increase in commercial loan pricing. 87% of the reported local lenders have kept their pricing the same as last month while 9% of […]