Commercial lending - First and foremost always remember that a Commercial Lender is Not a Commer
What's the Difference Between a Commercial Lender and a Bank?
Traditional banks primarily focus on residential financing for individuals within their local community, rather than large loans for commercial property acquisition or real estate development. For this reason, commercial lenders often prioritize the value of the collateral property over the borrower's extensive financial record and qualifications.
Similar to banks, commercial lenders can often provide loans in a relatively short