Having a growing and expanding business is a positive thing—and likely welcomed by any company owner. However, it is also probable that as your business grows and your revenues increase, you could be faced with some challenges when it comes to space. It could be a situation where you are renting office space, and it…
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As a real estate investor, there are many reasons why you may refinance a commercial real estate loan—however, you are also likely aware that the Fed has begun raising rates to combat inflation that has now attained a 40-year high. Therefore, it’s likely that you are wondering whether right now is the best time to…
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There is no denying that banks seek to serve their customers appropriately and effectively. However, there is a stark reality at play here, as well. Sometimes, a bank may have credit requirements that go beyond what the SBA policy calls for. Therefore, they are not able to approve a loan simply because they are part…
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There are a variety of different types of loans available to small and mid-sized business owners, and one of the most prominent is that of the SBA 7(a) Loan, administered by the U.S. Small Business Administration. Widely known as the “Growth Generator,” this loan program is designed to help an enterprise grow by offering needed…
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Recently, Filmore Capital was approached by the CEO of a North Carolina-based business looking for assistance with the $47.5 million acquisition of a competitor in Florida. They were facing a problem. After watching the clock tick for 45 days after initiating a financing request with the company’s bank, the Client had still not received a…
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As a business owner, it is likely that you’re interested in expanding your operations, acquiring new property, or pursue company growth in other ways—all of which require money. Therefore, you may need a commercial loan to attain your goals and objectives—and working directly with a bank might not be the best option. In a case…
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