Businesses Are Busy!

[Karen Schimpf]

I have to say I am surprised at how busy we are. We do business and commercial loans only and we are as busy as we ever have been. We are doing start-up loans, partner buy-out loans, loans for expansion, real estate loans for businesses expanding or buying the building they are in, and investor loans for Commercial Real Estate Investors and across ALL these channels, the volume is robust.

Rates are higher, and there are all sorts of land mines out there, but the businesses keep rolling. To be sure, some businesses are struggling like any market, but by and large, the problems facing most businesses are hiring and rising costs. Volume or sales is not a problem for the hundreds of businesses I talk to every week. I would have thought we would have seen some slowdown but it just hasn’t happened. So what do you do? Keep working. There is plenty of money to lend and good borrowers to serve so we just have to keep working and meeting needs BUT keep an eye on the horizon. Not out of fear, just out of preparedness IN CASE something happens. It is prudent to have a backup plan if business starts to slow quickly but UNTIL it crashes, it has not crashed. I have been saying it most of this year, the only sound strategy is to be ready to pivot in case of disruption but keeps working while there is no disruption. Be working, but be ready.

Seems to be working very well for me this year.

We have 2 HOT OPPORTUNITIES I need to let you know about…

1. If you have an SBA 7A loan tied to real estate you may be able to refinance to an SBA

504 Loan and get blended fixed rates in the 5’s! Most SBA 7A loans are in the 7’.s to

low 8’s now and they are about to go higher after the Fed meets. But we can FIX IT IN

THE 5’S if you qualify for an SBA 504 loan. So give me a call today at 770-908-1672

for a FREE pre-qualification to see if you qualify. It will take me less than 5 minutes to

determine and you could save THOUSANDS!

2. If you have a loan at a bank or lender that is dragging long and you are worried about

losing the purchase of the property because of the delay, our PRIVATE MONEY LOAN

may be for you. It only has a 4-month pre-payment penalty, and it is only 2 points at the

closing so your total cost of the money can be as little as 7%! We can close in just a

couple of weeks and that could mean you secure the property while you keep working

through your bank to get that bank loan finalized to pay off our first mortgage. Everyone

wins, the seller gets their profit, you get the property and the bank keeps the loan since they will be the loan paying us off. A win for all involved. If you have a BANK QUALIFY

deal that needs to close quickly and you can’t wait any longer on your bank, give me a

call at 512-354-1511 or get started with this form https://applycommercialloans.com/apply-now/

Apply Now | Karen Schimpf

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These are just two of the many loan programs we have available, when you have a commercial or business loan, think of me, Karen Schimpf, and give me a call to discuss. I will give quick answers and approvals. Talk to you soon!