What to Expect From
Your Commercial Lender
Expect your commercial lender to pay
personal attention to you. That's what we do! One of the biggest complaints we hear from borrowers is that
their phone calls are not returned promptly by their commercial lender. Whether it's because the lender is
"too busy" or they have bad news they don't want to tell you, they owe you that phone call.
We're in business because of our clients, and we never forget that. Our commitment is to keep in touch with you
before you call us, but when you just can't wait, we will always be available to answer your questions and guide
you through the process.
Lender Relationships
The relationships we have with our money sources are priceless. In this business, it's definitely "who you know"
that can get your loan pushed up the line for a prompt Letter of Interest. As long as you get the required property
information to us quickly, we will get you an answer quickly. You're running out of time? You're in the right
place!
An Honest Evaluation
The way you or your commercial real estate agent analyze a property may be quite different from the way the
money sources look at the numbers. We will analyze your deal and give you the straight scoop. No point in wasting
time, and you'll be surprised at what we can do.
Banks vs Residential Mortgage Brokers vs Commercial Lenders
Your bank may be a good source of commercial
money but at any given time your project may not fit their portfolio. Or you may have to move faster than your
bank is able in order to meet a deadline.
Residential brokers don't have the sources nor do they know how to properly package a commercial loan.
Many residential loan officers are jumping on the bandwagon of commercial lending since the residential market
has slowed.
Be cautious. Remember, the
money sources for commercial loans take time and effort to cultivate. You may end up paying much more than you
have to, in both time and money, or worse, with no loan at all.
A true commercial broker has many and varied sources of financing. Knowing how each source will analyze the deal
guides him/her in structuring your project to its best advantage and match with the appropriate source.
Additionally, knowing the importance of the Executive Summary, a talented commercial specialist knows how to
write a story about your project that will intrigue and interest the lender. The Executive Summary is everything
and the experience of a Commercial Broker in writing that summary can make or break your deal.
| So, what should you expect? |
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Attention, experience, straightforward answers, results.
Just what you get from Benton Commercial Capital! |
Together with carefully selected and nurtured relationships with the financing sources, you will always be
better advised to use a commercial specialist. Doesn't your deal deserve the best? Go for the experience and the
money relationships every time.
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