Most Actively Funding SBA Lenders, & Commercial Lenders, In The Nation

May 28, 2010 - PRLog -- One of the biggest challenges small business owners and commercial mortgage borrower’s face is the difficulty in finding SBA or conventional commercial lenders that are actively funding loans.  It is estimated that 80% of the commercial lenders and banks out there, have suspended their lending activities until further notice.  Borrowers that have to get their loans closed need to identify and work with the 20% of the lenders that are actually lending.  

The reason why banks and lenders have stopped lending ranges from their own conservativism to them being involution with the FDIC.  Though, for borrowers it does not really matter why banks are not doing loans – they just need to find the ones that are… and get their loans closed so they can move onto running their businesses.

But it is not easy to find actively funding SBA or commercial lenders in this market.  “As a commercial mortgage consultancy type firm we have been shopping lenders for years.  We are constantly on the hunt for sources that are aggressively lending as this is how we earn a living.  It’s a difficult thing to determine if a bank is really closing loans though.  You really need to know them and have direct experience with them to make sure their being truthful with you and not overstating their real lending levels.  Comments Jeff Rauth, President of Commercial Finance Advisors, Inc.

“We have made our SBA lender list and commercial lender list accessible on our site.  It can be found on the above link here:  http://www.cfa-commercial.com/sba-lender-list.html  All we can say is that if none of these lenders will do your deal – You have serious problems.”  Continues Rauth.

Our Home Page:  http://www.cfa-commercial.com

As a borrower you need to regroup and only submit your loan request to lenders that are really closing loans.  By doing this you will save yourself a lot of money by avoiding wasted third party reports fees and of course your time and effort.  Avoid the biggest mistake borrowers make of only submitting their loan request to local banks, as they may all be in real trouble.
 
More information on our Commercial mortgage broker store: http://www.cfa-commercial.com/store.html

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We are a commercial mortgage broker that works with both businesses and investors on transactions from $400,000 - $5,000,000, nationwide.