Posted: May 5, 2022 | By: LendVer Staff – The central bank announced the increase of its benchmark interest rate by 50 basis points after the meeting of its Federal Open Market Committee (FOMC) on Wednesday. This marks the largest rate increase since 2000, and follows an increase of 25 basis points in March of [...]
Where to Find 30-Year Fixed Commercial Mortgages
April 25, 2022
Updated: April 25, 2022 | By: LendVer Staff – The subject of this article may seem confusing because most people think a 30-year fixed commercial mortgage (which includes mortgages on investment residential property) is just as prevalent as a 30-year fixed residential home mortgage. Once you start looking for a 30-year fixed commercial real estate [...]
What is SBA Financing?
March 30, 2022
Updated: March 30, 2022 | By: LendVer Staff – SBA is an acronym for the Small Business Administration which is a government agency that guarantees small business loans. A common misconception is that the SBA actually makes loans to businesses directly, when really it is independent bank and non-bank lenders as well as CDCs (Certified [...]
How to Get a Start-up Loan to Launch Your Business
March 30, 2022
Updated: March 30, 2022 | By: LendVer Staff – Congratulations on starting your business or choosing to start a business, it can be a rewarding and exciting adventure but it is not for the faint of heart. Don’t despair, there are over 31 million small business owners in America so although the road ahead may [...]
Relief Loans for Businesses Affected by COVID-19
March 17, 2020
Posted: March 17, 2020 | By: LendVer Staff – These are confusing and unprecedented times. The coronavirus aka COVID-19, is spreading globally as governments attempt to stifle its progress through business and event closures, and social distancing. The stock market has had its largest single day drop ever, and businesses, large and small, are losing [...]