July 19, 2016
When the ownership of Rainbow Gutters in Palm Beach County, Florida was looking for financing to grow their business they ran into some dark clouds and needed help. Thanks to their trusted Banker they were referred to us. Analyzing their financials we saw a great company that just needed help with talking […]
July 26, 2016
By: John Patterson CFP ® If you caught all your Pokemon and you’re ready to shop for a business loan, August should be a great month to find a good deal. Interest rates continue to be very stable this summer with no expected changes by the Federal Reserve Board who don’t have […]
October 3, 2016
By: John Patterson CFP ® Rates are “Super” right now. No local lenders/banks reported any increases in their commercial loan rates and a few actually lowered their interest rates slightly. There is talk however of future tightening from some area Lenders The prime rate remains unchanged at 3.5% and the 10 year T-bill […]
October 26, 2016
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous actions for a loan that a borrower doesn’t need, doesn’t want or can’t afford. Scenario: Despite trying your best your […]