How to Prepare for a Commercial Real Estate Loan

How to Prepare for a Commercial Real Estate Loan

The beginning stages of any endeavor are exciting times. There is so much to do and so much to coordinate, that it can quickly get overwhelming. Operating a business is no exception. Even the smallest businesses require planning and attention to detail in order to get things right. When it comes to financial institutions, require…

Refinansiering by Getting a Loan with a Payment Remark

Refinansiering by Getting a Loan with a Payment Remark

Do you have a payment remark? If so, you are rightfully concerned about being approved for a loan. Nevertheless, there are special banks in Norway that lend money to individuals with one or more payment remarks as long as they provide security in real estate. There are other requirements for borrowers to meet, such as…

4 Loan Collection Tips For Banks In Pandemic Times

4 Loan Collection Tips For Banks In Pandemic Times

The pandemic brought hard times for everyone, with individuals and businesses facing money crunches alike. Loans piled up amid the financial crisis, and banks across the US landed into bigger problems due to growing debts. While borrowers got extensions due to government rebates and schemes, the banking sector struggled to stay afloat. Loan collection continues…

What to Know About Open and Closed Bridging Loans

What to Know About Open and Closed Bridging Loans

You may have decided that a bridging loan is the right finance option for your situation, but which type do you choose? Open and closed bridging loans are two of the most common types of bridge finance. Here’s what you need to know about open and closed bridging loans, including the main differences between the…