Misuse Of Federal Loans

“It’s really sad to everybody who worked here,” Miller said on Thursday. “We believed in the technology.” Mohammad Walahi, 41, worked for Solyndra for five years before showing up a week ago only to be told by a colleague that the company was going bankrupt. He blamed management, saying they had made bad decisions. “See Read more about Misuse Of Federal Loans[…]

Misuse Of Federal Loans

FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the company’s headquarters in Fremont as part of an investigation with the Department of Energy’s Office of Inspector General into the manufacturer Read more about Misuse Of Federal Loans[…]

504 Loans

Loan terms on the first mortgage portion (usually 50% of the total project costs or 56% of the actual loan amount) are usually 25 years with no balloon payments and loan fees more inline with conventional lending than with other SBA programs. And if all of that wasn’t good enough, borrowers generally put a third Read more about 504 Loans[…]

Decline Of Commercial Loan (part 2)

REASON # 2 FOR COMMERCIAL LOAN REJECTIONS Loan underwriters find something on a tax return that disqualifies a borrower under the bank’s lending guidelines. This “something” will frequently be insufficient net income, but when loan underwriters look at tax returns, there are many other possibilities which produce a similar result. STRATEGY # 2 FOR CONVERTING Read more about Decline Of Commercial Loan (part 2)[…]

Decline Of Commercial Loan

This article highlights the five primary reasons that banks decline commercial loan applications. The reasons provided below do not represent obscure issues, so it is likely that two or three of the reasons described will be important for typical commercial loan situations. The first two reasons (business plans and tax returns) will potentially impact all Read more about Decline Of Commercial Loan[…]

Commercial Loans

Getting commercial real estate loans approved is almost always complex and frequently difficult. Business borrowers need to realize that there are several situations with commercial real estate loans which can be especially difficult to get approved. Examples of eight difficult loan scenarios are described to illustrate two key points: (1) difficulties with commercial real estate Read more about Commercial Loans[…]

Commercial Loan Information

There is a large need these days for commercial lending and can be quite overwhelming. If you are looking into applying for a commercial loan you may want to inquire a little about the subject before you speak to a commercial lender. If you prepare yourself in advance, then you will know what will be Read more about Commercial Loan Information[…]

Commercial Real Estate Loans

Getting commercial real estate loans approved is almost always complex and frequently difficult. Business borrowers need to realize that there are several situations with commercial real estate loans which can be especially difficult to get approved. Here are Examples of loans which illustrate two key points: (1) difficulties with commercial real estate loans are not Read more about Commercial Real Estate Loans[…]

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