Solutions When Lenders Abandoned You.
March 8, 2010
Carrying over from 2009 we are continuing to see a trend of more and more clients who have been told that their existing lender will not be willing to renew their loan. In most cases the client has never missed a payment and has performed in accordance with the terms of their loan agreements. We believe this is almost always due to a change in policy by the lender or their lack of liquity that continues to create this problem. In most cases we have capital sources who are happy to meet the needs of these outstanding clients.
Tags: capital stack, joint venture financing, remington financial group, senior debt financing, Structured Finance Group
March 18th, 2010 at 8:35 am
I have a client that had a loan commitment from a lender and then the lender fell off the face of the earth. My client is a 501(c)(3) non-profit organization. They have a wonderful business plan and need a loan for $4.1M Can you help?
Shiela Heg
Broker
262-945-6069
March 19th, 2010 at 1:52 pm
Shiela, we have many options available to help. Feel free to contact me at andy@remingtonfg.com I will follow up as well.
regards
Andy