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A debt-based funding agreement supported by hard collateral is what is known as a commercial loan. This loan is usually processed between financial institutes and businesses, which is only undertaken for processing short-term goals or covering necessary operational costs. For someone who is seeking quick funding, commercial real estate loans are one of the best options. Today, there are commercial officers as well who either are backed by or work for financial institutions but are often looked at as the ‘mediator’ when opting for commercial loans.
Commercial Loan: Individuals and entities When it comes to residential mortgages, there are only individual borrowers involved. However, for commercial loans, there are business entities involved. These entities are formed for various reasons, one of them is owning a commercial real estate property. These entities will usually not have a credit score or financial tracking record, where it becomes mandatory for the lender to take a guarantee from the property owner to extend the loan. This will give the lender some credit score and a person from whom they can recover the loan with things go downhill. Lending money is not difficult, you will find numerous people or institutions offering the funding you need. Here are the best commercial real estate loan lenders in Dallas: 1. Jeremiah L. Graza, Longhorn III Investments, LLC 2. Rob Kleifgen, Inceptus Capital Partners 3. Carlos Flores, Commercial Real Estate & Multifamily Mortgage Financing | CRE Investments 4. Victor Olabintan, Primary Residential Mortgage 5. Bob Lazenby, Commercial Real Estate Negotiator 6. Jon Baker, NextHome Integrity Group 7. Ricky Nila, Commercial Lending 8. Oscar Barbadillo Jr., Commercial Lending 9. Meera Singh, Fannie Mae 10. Kieth Thomas, Private Capital Investors These commercial lenders are well known in the Dallas, Texas region. So, if you looking for someone, reach out to them.
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