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Follow on Google News | Stated Commercial Mortgage FinancingWhat's the climate for small businesses trying to get loans these days? I saw a statistic that 74% of all small business loan applications get turned down. Maybe as high as 90%! Banks are fighting over cream of the crop borrowers --
By: BRIC LLC COMMERCIAL FINANCING I saw a statistic that 74% of all small business loan applications get turned down. Maybe as high as 90%! Banks are fighting over cream of the crop borrowers -- doctors, lawyers, and CPAs or companies that have been around a long time with steadily increasing gross income year after year. If you fit into one of these categories, be sure to shop around a bit, because the banks will bend over backwards for you. Utilize BRIC LLC as YOUR CLIENTS EXIT STRATEGY Non Bankable Clients 65%-70% Max LTV 600 credit score stated products rates start at 6.99- 11.99 5yr fixed and 30yr fixed options Property Types Apartment Building Mortgage Mixed-Use Building Mortgages Retail/Office Warehouse/Office Building Mortgages Auto Day Care / Hair Salons / Funeral Homes Hotel and Motel Mortgages/ 2-4 Units Single Family Residences Properties such as convenience stores, retail establishments, medical offices, and other unique property types PERMANENT FINANCING IS RIGHT AROUND THE CORNER! PHONE (877) 354-1842 /FAX (866) 213 7633 processing@thebric.com End
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