August 20, 2018

Prepayment Penalties on Commercial Loans – Are They Negotiable?

When getting a commercial loan one item you might forget to ask about are prepayment penalties. Forgetting to ask might be an expensive mistake if in the next five years you refinance or make a significant reduction in your loan balance. Why do lenders charge prepayment penalties? Although it might seem like […]
September 20, 2018

South Florida Nursing School Stepping Up to Meet Demand

Although the United States is in the middle of a nursing shortage, nursing schools are rejecting thousands of qualified applicants. The problem according to a recent CNN/Money article is that there is a lack of training capacity to meet the number of students who want to enter a Nursing school program. BrightMed […]
May 6, 2019

SCORE LOAN WORKSHOP

Last weekend I did my first business loan workshop presentation in about 5 years. It was located in Palm Beach County and it was for the local SCORE chapter. Larry Ornstein, a local SCORE volunteer made the process for me a piece of cake. We had a nice turnout of 24 people. […]
May 8, 2019

Cooking Up Some Business in California

TibBlit.com received our first loan inquiry from California yesterday. A person in LA wanted to buy a small restaurant. Although TibBlit.com’s focus is Florida we do have lending sources that lend nationwide. Unfortunately the requested loan was below the minimum $100,000 loan amount our lowest SBA business acquisition lender offers. They did […]