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Updated about 8 years ago on . Most recent reply

User Stats

36
Posts
15
Votes
Jeremiah T.
  • Investor
  • Edina, MN
15
Votes |
36
Posts

Current business owner getting started in REI

Jeremiah T.
  • Investor
  • Edina, MN
Posted

I'm the founder/president of a consulting firm and I've built my company from zero dollars to a multimillion dollar firm, in solid financial standing. Given the business acumen I've developed over the years, but having a zero experience track record in REI... would a traditional commercial lender view me as slightly less of a risk due to my background?

I realize the degree of comfortability will depend upon the bank/officer, but as a generality... any other business owners find it "easier" to obtain traditional lending without a previous track record?

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