A business owner needed a $250,000 loan to refinance a commercial property in Palm Coast, FL. He heard about TibBlit.com and used our website before turning to any banks. He was extremely happy to quickly find lenders with great loan terms. The loan options he liked best were all traditional financing banks: […]
SCORE in Jacksonville ran a great all-day workshop on all things related to funding a business last Saturday. We had the opportunity to meet some great people looking for the best deal on a business loan.
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 […]