Costs of Commercial Lenders
Posted on:1/28/2006
| Commercial lenders weigh the type, quality, and equity of the hard collateral very heavily. |
Commercial lenders weigh the type, quality, and equity of the hard collateral very heavily. The provide the borrower with the greatest flexibility but also the highest rates when compared with bank loans. Many commercial loans are bridge loans where a higher rate is a good trade off for the speed with which the loan is delivered and the flexibility of the finance terms behind it.
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