No On-Going Financial Reporting

Did you know that most commercial lending institutions require you to provide ongoing financial and operating statements on your business or property, long after your loan is closed? Furthermore, you may be required to make "covenants" about the financial strength of your business or property in your loan agreement. This means that losing a tenant or experiencing a tough business period gives the lender the right to find you in default of your loan, even if you are current on your payments.

We believe your business is your business. Once your loan is closed, simply make your monthly payments on time and we will not ask you for more financial or business information. Period.

 
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