A 504 loan is structured in three parts: a commercial lender
provides a first mortgage for 50 percent of the total project cost, a Certified Development Company or CDC provides a second mortgage for up to 40 percent of the project, and the franchisee is responsible for the remaining 10 percent equity.
Dennis Schnell, Senior Vice President, Commercial Lender
Team Leader brings 47 years of industry experience in the Pacific Northwest region.
Regardless of which commercial lender
you choose, always walk in with carefully prepared information and documentation.
He was also a Corporate Banker and Middle Market Lender for SunTrust Bank for 12 years in Roanoke, Virginia, and a Commercial Lender
and Branch Manager in Winston Salem, North Carolina, for eight years.
On the fast track, Grayson started with Citizens Trust Bank as a Commercial Lender
just two years ago and has recently been promoted to Assistant Vice President and Commercial Lender
Katzfey joins the Bank from Village Bank located in Springfield, Missouri, where he had served as Executive Vice President and Commercial Lender
since February 2004.
30 /PRNewswire/ -- Bank West, the wholly-owned subsidiary of Bank West Financial Corporation (Nasdaq: BWFC), announced today that Bob Brasser has joined the Bank as Vice President and Commercial Lender
NEW YORK -- Business Loan Express, LLC (BLX), a national non-bank small business and commercial lender
, today issued the following statement concerning the indictment of a former employee relating to loans guaranteed by the Small Business Administration (SBA):
Westfield Bank, a wholly owned subsidiary of Westfield Financial, Inc (NasdaqGS: WFD), has announced that it has hired a commercial lender
for the Connecticut market.
ACF is a commercial lender
that provides short-term financing to businesses which have been awarded contracts to supply products or services to the U.
Global Banking News-August 18, 2011--TD names senior commercial lender
in Daytona(C)2011 ENPublishing - http://www.
announced the hiring of Scott Carter as Assistant Vice President, Commercial Lender
at the Maple Street Office.