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I've been in the Hard Money business and don't know the current rates for loans from the bank for business?

James Leis

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Answers (2)
Terri Bollman-Wyzkoski
MainStreet Bank
Sr. Commercial Lender
Fairfax County, VA

James,

Does that mean you moving from hard money into the conventional financing arena? Perhaps we can help. Rohit answered you question perfectly. Most lenders use the prime or some other index but the ranges of rates are from 6% (SBA 7(s) to 9%.

We're a commercial loan broker firm that provides packaging and placement of loans on behalf of our clients nationwide. We are staffed with former commercial lenders who are well-seasoned and understand how to structure loan requests to garner the attention of a bank/lender, and obtain the most favorable terms and conditions on your behalf.

BLS also enjoys a network of banks and other lenders nationwide, including banks that do nothing but SBA loans. We know their cultures, their interest (or non-interest) in particular industries, and their specific risk appetite, so we can identify the most appropriate lender more efficiently and quickly. Give us a call and let's discuss your transaction in more detail. I'll be able to tell you immediately if we're able to provide you with financing on your terms.

I look forward to hearing from you if you we can be of service.

Kindest regards,
Terri B. Wyzkoski
Managing Member
Business Lending Solutions LLC
11654 Plaza America Drive #363
Reston, VA 20191
Twyzkoski@BusinessLendingSolutionsLLC.com
Direct: (703) 655-9939
Skype: BLS_TerriWyzkoski
Linked-In Profile: http://www.linkedin.com/profile?viewProfile=&key=11431574&locale=en_US&trk=tab_pro

www.BUSINESSLENDINGSOLUTIONSLLC.com
Your Financial Solutions Provider

May 27, 2010
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Biz2Credit LLC
New York County, NY

James,
These days banks rates are any whewre from 6% ( for SBA loans) to high of 9% for other loans. In case you want to check the scenerios and get to know multiple rates , you can check it on www.biz2credit.com. We have over 75 lenders with over 140 products.

May 10, 2010

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