May 11, 2017

The Little Old Lady from Del-Ray-A

Loan Success – The Little Old Lady from Del-Ray-A We recently helped a 94 year old Client who owns a 6 unit residential property in Delray Beach (North of Kokomo). She wanted to refinance a small loan balance of $150,000 and was having a hard time finding an interested lender. She was […]
March 16, 2017

Florida Business Loans (Interest Rate Survey) – March 2017

By: John Patterson CFP ® It looks like the Federal Reserve Board is trying a full court press to keep inflation at bay. This month marks the second time in the last 3 months that the Fed has increased rates. If you are filling out your brackets this would raise the Fed’s […]
December 19, 2016

Commercial Loan Rate Survey – Florida

Commercial Loan Rate Survey – Florida By: John Patterson CFP ® Up, up and away. Unfortunately Cats & Kittens, interest rates have recently gone up and future rises in interest rates in 2017 looks probable. The prime rate just rose ¼% and is now at 3.75%. In a little over a month the 5 […]
October 26, 2016

Five Red Flags to Spot a Predatory Small Business Lender

Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous actions for a loan that a borrower doesn’t need, doesn’t want or can’t afford. Scenario: Despite trying your best your […]