Need less than $2M – don’t go to a bank (or a broker)

After 1,138 calls this year I can confirm that if you need less than $2,000,000 for a commercial mortgage or a business loan don’t call a bank and don’t
bother┬ácalling a broker – unless you know what you are looking for. The broker you talk to might only know a few lenders with limited options and the banker you talk to may not know how to handle your request properly if you can’t be specific about your need. ┬áThere is a very limited market of people that can help borrowers looking for less than $2,000,000. Continue reading “Need less than $2M – don’t go to a bank (or a broker)”