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Sunday, March 6, 2016

By Tom G. Honeycutt


The commercial lending services offer options for business loans in a certain market area. The officers negotiating the deals are experienced in the commercial segment of financial services. A loan negotiated with them is in high demand. Businesses and non-profit organizations are eager to borrow money using one of the Best Atlanta Commercial Lending Services that operate in the area.

Banks are in business to tailor loans to fit a new applicants requirements. For example, a retail department store might want to order extra inventory to prepare for seasonal sales. There are revolving credit lines and short term notes that are suitable.

Repayment schedule can be after profits of seasonal sale. This is only one reason a business might need an influx of extra cash to facilitate growth. This need is routinely met by short term funding.

In the spring, construction of all types is started. A builder may need extra supplies and new equipment. That type of equipment, heavy equipment vehicles, is costly. Extra wages may have to be available for increased work forces.

A real estate investor might want to purchase land on which to have new buildings put up. Naturally that requires a large output of funds. The profits come later when the new buildings are sold. Customer oriented borrowing is routinely offered.

Churches often operate on a shoestring. If the heating system needs to be replaced they might not have the necessary funds available. They may have to pay for the new heating system and then take up a special collection to pay back a loan. The loan officer might suggest a revolving line of credit.

If a realtor is building new homes to sell, the funding must be laid out before profits can become available. Homes in a new subdivision cannot be offered for sale until they are built. Negotiating loans is the skill of the lending institution. Approval depends on how much financing is required.

A commercial lending institution is able to help the borrower decide on the amount and terms of repayment on any business loan. He can help to assess the likely profit to be made in any new venture. He may suggest an increase or decrease in the amount depending on circumstances. This professional opinion is of great value and offered to the borrower at no extra cost.

Arrangements for repayment may be on a revolving basis. Other possibilities include secured or unsecured term loans, letters of credit and funding for general corporate expansion. The lending institution can provide management services during the repayment period.




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