Eatontown, NJ - October 31, 2014 - (iNewswire)
When an individual is looking for financing for a current or future company many find that there are many advantages with getting help from a Correspondent Mortgage Lender according to Todd Tretsky from CRE-Finance. By having a lender on your side it can improve chances of finding the best terms and rates, have overall deal management, and utilizing the lenders expertise continues Mr. Tretsky.
Chances are there are only a few banks an individual would go to for a business loan. Most of which are local to an area. "The problem with that is how does an individual know one is getting the best offer. Or in the case of being denied financing from a local bank, what are the options after that event happens" says Todd. By using a CRE Finance or a firm like CRE Finance who will present your financing request to a wide array of lenders and then present only the best possible offers. If denied financing from a local bank, a business loan broker can often times find alternative types of lenders who will consider funding a business loan continues Tretsky.
The use of business loan brokers can help find the financing that is needed to expand a business, also help an individual find businesses to purchase. What this means says Todd Tretsky is an individual will not have to make or take as many phone calls and can have paperwork prepared by a pro. By hiring help, an individual can focus on the every day to make money while loan brokers focus on managing the loan deal.
"While this may be the first time looking into business financing, a correspondent commercial finance lender will have the experience of many more transactions" says Todd. This means that they can help determine which options are the best and answer any questions one may have. Commercial Correspondents likely have seen any situation that may come up.
For more information regarding your loan needs please call CRE-Finance LLC at 855-515-5585 and ask for Rich Tretsky or Todd Tretsky or visit the website at www.cre-finance.com
Contact Info:CRE-Finance LLC
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Original Source: Advantages of Using Commercial Mortgage Lenders according to a Mortgage Expert
