After her longtime tenant left, one restaurant property’s owner decided that instead of finding a new one, she would simply start her own Chinese buffet in the vacated space. Unfortunately, most banks are wary of lending to start-ups, and even
When an energy brokerage was unable to obtain traditional financing, it took out two high-rate, short-term loans. The company struggled to make the necessary large payments, and its owner quickly realized that the business needed a more affordable, long-term alternative.
When a marble retailer wanted to refinance and consolidate a pair of high interest loans, multiple banks declined to help. Their disinterest was understandable: The borrower’s credit score was mediocre, he had a past foreclosure, and he did not have
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