lenders Archives

The 5 C’s of Credit: 
What Do They Mean To Your Small Business Loan?

5 C's of Credit

One of the most common questions among small business owners seeking financing is: “What will the bank look for from me and my business?” While every bank has its own unique criteria, many use some variation of the five C’s of credit when making credit decisions. Broadly speaking, they are: Character Cash flow Collateral Capitalization… Read More →

Boefly, A New Online Marketplace, Matches Borrowers With Lenders

Ted and Cindy Ferkenhoff
by in Economy | Featured | Finance | Small Biz

One couple searched unsuccessfully for six months to secure a loan. Then, 14 days after using a new online marketplace, Ted and Cindy Ferkenhoff had an offer. The Ferkenhoffs, who needed a loan to open an AlphaGraphics franchise in Flagstaff, weren’t expecting such a quick response. “With the lending market being pretty shaken up …… Read More →

Arizona’s Credit Unions Are Helping Those Who Depended On Payday Loans

Arizona’s Credit Unions Are Helping - AZ Business Magazune Sept/Oct 2010
by in AZ Business Magazine | Featured | Finance

With Arizona’s payday loan industry now history, the state’s credit unions are jumping into the resulting void to both help consumers and gain new members. Called REAL Solutions, the Arizona Credit Union League & Affiliates’ new program offers an option for consumers who depended on the short-term loans made by the payday loan industry. But… Read More →

Lenders Experience An Increase In Loan Requests

Future of Finance - AZRE Magazine September/October 2010
by in Finance & RE Law

Depending on whom you talk to, it appears the financing freeze in commercial real estate is starting to thaw a bit. Part of that thawing process, according to Bruce Francis, vice chairman of CB Richard Ellis Capital Markets, may be that there has been an increase in the number of loan requests, and that activity… Read More →

Raising Capital In A Financial Drought Is Tough, But Not Impossible

money pile

In today’s turbulent economic environment, many companies are finding their cash flows temporarily reduced due to difficult business conditions. Less cash flow generated from operations can cause a working capital squeeze or make existing lenders uncomfortable and/or uncooperative, particularly if the company has violated a loan covenant or agreement. In the past year, we have… Read More →

Key Legal Considerations And Strategies Businesses Should Consider In An Economic Downturn

Legal Aide

Virtually all Arizona businesses, but disproportionately small and medium-sized enterprises, have been significantly impacted by the recession. The current financial climate has and will undoubtedly continue to have countless business ramifications. Often overlooked, however, are the legal considerations that should be proactively evaluated by companies in a challenging economic environment. Legal strategies should be employed… Read More →

Tax Relief For Lenders May Help Commercial Real Estate Borrowers

tax calculations

The credit crunch is severely reducing the availability of financing and refinancing for commercial real estate. Many borrowers with loans maturing in the next few years, who originally expected to refinance their commercial mortgage loans before maturity, are now concerned that they will not be able to do so and will default when the mortgage… Read More →

Arizona’s Credit Unions Are Reaching Out To Small Businesses

credit unions reaching out to small business
by in AZ Business Magazine | Featured | Finance

Relative newcomers to the field of making business loans, credit unions nonetheless have become key players in today’s tight-money economy. Barely 10 years ago, credit unions concentrated mainly on savings and checking accounts, and made personal, auto and home loans. But the Credit Union National Association says credit unions nationally originated $6.5 billion in business… Read More →

Big Money, Tight Times-SBA Loans Can Help

Big money tight times 2008

By Don Weiner It may be true that numbers don’t lie, but they don’t always tell the whole story. When the 2008 fiscal third quarter ended June 30, statewide Small Business Administration-guaranteed lending showed a 25 percent decline from 2007 in both total loans and dollars lent, according to the Arizona District Office. In fact,… Read More →

Banks Need Accurate Information To Handle Real Estate Assets


As an unintended consequence of the current real estate market, bankers are (reluctantly) being forced into the real estate business. They weren’t necessarily planning on it, but it is a consequence nonetheless. Right now, lenders are in the position where they have all kinds of real estate and land assets that they need to figure… Read More →

As More People Lose Their Homes, Banks Are Left Holding The Keys


Acquiring real estate through foreclosures is not exactly the type of transaction banks relish. That’s especially true in a down market that is overloaded with raw land and homes — and a paucity of potential buyers. Estimates of the amount and value of acquired real estate through foreclosures are difficult, if not impossible, to come… Read More →