http://articles.commercial-loans-now.com/rss.xml A blog about commercial-loans-now.com daily 365 1901-01-01T00:00+00:00 http://articles.commercial-loans-now.com/?a=36656 <p>by Gregg Hall</p><p>Seasonal commercial loans can be a common source of funding for a business. However these types of loan are sometimes filled with risks and riddled with problems. If the loans are not used for the intended reason or paid when agreed upon the loans then become a liability for the lender. <br /><br />Whenever possible the lender should always check to insure the trade was fulfilled as agreed. Sometimes the lender may be able to catch potential problems before they become real troubles. Companies are the same as an individual in that they are responsible for fulfilling the terms of all loan agreements and promissory notes.<br /><br />If the end of the term has come and went without repayment on the loan the bank often will check to find out whether the trade was fully paid or not. The problem will only be further when the trade is not paid as well thus dropping the company into a danger zone making repayment even more difficult than previously.<br /><br />Sometime incidents can occur which are beyond the companies control causing them to be unable to complete the repayment. In that case there are remedies available between the lender and the business but generally only when the lender is contacted at first sign of difficulty. Waiting too long may cause the problem to grow worse and cause the lender to lose faith in the borrower. It is always the best idea to keep the lender up to date on any changes, which may affect repayment of the loan so that they may look for alternative solutions.<br /><br />When seasonal commercial loans are structured in a way that cannot be completely cleaned up with sale of trade the company often finds difficulty repaying the loan. This can happen when the loan is made for more than the amount of trade therefore making it difficult for the business to cover the loan with seasonal trade. When there is also lack of collateral or equity in day to day operations the business may find repayment nearly impossible. This can cause a spiral of the companies problems financially due to overextending their assets. If there is too much loan for the amount of product it is clearly a bad idea for the lender to disperse the loan without additional collateral.<br /><br />Whenever possible the lender should try and be involved or at least aware of the marketing plan for the business. This will help the lender to spot common problems before they may otherwise become apparent due to lending experience and common mistakes. When the lender and the business work together for all aspects of the lending process including sharing marketing plans and fiscal reports both parties will be more likely to insure success of repayment of the seasonal commercial loan.</p><h3 class="popup">About the Author </h3><p>Gregg Hall is an author living in Navarre Beach Florida. Find more about this as commercial loans online at <a href="http://www.commercial-loans-now.com/">http://www.commercial-loans-now.com</a></p> 2006-11-30T02:16-05:00 http://articles.commercial-loans-now.com/?a=36655 <p>by Gregg Hall</p><p>Commercial loans are taken out as a variety of different types and terms. Often business need to take out loans in order to keep their company in operating order. This is a very common practice.<br /><br />Banks are the main provider of commercial loans to businesses. Although businesses occasionally need to finance the entire operating costs they are generally considered short term loans in that they will be paid in full within a very short length of time. <br /><br />Occasionally companies need to borrow funds for seasonal items such as holidays and sports seasons. The most common reason for this type of loan is to boost inventory for items needed at a time when supply and demand is greatly increased. For instance, as during the Christmas holiday season, at this time of the year a company may need increased inventory due to increased sales potential. Stores that which sell the majority of their inventory during the Christmas season commonly take out seasonal commercial loans. These are intended specifically to insure they will have an ample supply of inventory on hand to sell. Without such loans it would likely be very difficult to purchase enough inventory to supply the demand otherwise.<br /><br />Another common type of commercial loan is the short term loan. These types of loans are often just as the name implies, short term. Short term loans may be necessary for a variety of reasons, commonly they are used for companies needing to purchase or pay for bulk shipments that will be sold later. These shipments have been bought in bulk for a lower cost or perhaps in anticipation of a large upcoming sale. These types of loans are sometimes taken out many times a year but also repaid quickly with little interest accrued. These types of commercial loans are very helpful especially to small businesses that may lack or have little capital and profit. <br /><br />Permanent capital loans are yet another common type of commercial loan. These types of loans are often used in start up or even property purchases for businesses that anticipate a good rate of growth and revenue. These are longer in term and accrued interest for the borrower. The lenders often expect significant amounts of collateral to receive these types of commercial loans. <br /><br />Regardless of the type of business you may choose to invest in most companies have at least one commercial loan that is current. Commercial loans make it possible for new businesses to get up off the ground and operating better. Some of the reasons companies may take out a commercial loan vary but are generally for reasons such as to increase inventory due to anticipated sales, start up and land purchase.</p><h3 class="popup">About the Author </h3><p>Gregg Hall is an author living in Navarre Beach Florida. Find more about this as commercial loans at <a href="http://www.commercial-loans-now.com/">http://www.commercial-loans-now.com</a></p> 2006-11-30T02:13-05:00 http://articles.commercial-loans-now.com/?a=35811 <p>by Gregg Hall</p><p>A commercial real estate broker is a person who acts as a link between a buyers and a sellers real estate. This relationship is one of fiduciary responsibility, meaning that it is a relationship based on trust.<br /><br />The person appointed as the broker, has the responsibility of ensuring that his salespeople handle the transactions according to law. The sales people are known as real estate agents and their responsibilities include representing the seller or the buyer in the transactions and making sure that they get the best possible treatment. The agent representing the seller ensures that the seller receives the highest possible price for the property they are selling, while the agent of the buyer will negotiate for the lowest possible price. The buyer's agent will also try to find properties in the best structural shape that fits within their estimated price range. <br /><br />In many places, such as the United States, it is mandatory for the broker to have a license to negotiate the sale and purchase of property. The broker can act as either the proprietor of a company or as an agent for another company. There are various ways to get the certification as a broker. One way is by going to school and passing a state test. Another way is to hold a position that automatically allows you to apply for and receive the certification, such being an attorney.<br /><br />Following 1992, there were brokers from Florida and Colorado that recommended that the professional relationship between the agent and the client should be broken. Instead, they felt that the dealings between the two should be strictly limited to the actual sale and purchase of real estate, without taking the personal interest of the client into consideration. In Florida, the Broward Board of Realtors went so far as suggesting that the brokers and agents merely help the selling and purchasing parties with finalizing the sale, without the bond of trust. The only requirement being that they adhere to both legal and moral standards.<br /><br />The result was that in 2003, Florida amended the law and made all real estate licensees have only a transaction relationship unless there is only one person acting as the representative for both parties. This will not apply if there is a business link between the two parties. <br /><br />The change in the law also made it mandatory that the aspects of the transactions be made in writing and removed the dual and sub agency designations. A dual agency results when a broker handles the transactions of both the purchasing and the selling parties. Both parties would have agreed to this arrangement in writing. The sub agency agreement meant that two agents from the same brokerage would represent the selling and purchasing parties. Like a dual agency transaction, it would have to be agreed upon in writing by both parties to the transaction.</p><h3 class="popup">About the Author </h3><p>Gregg Hall is an author living in Navarre Florida. Find more about this as well as commercial real estate loans at <a href="http://www.commercial-loans-now.com/">http://www.commercial-loans-now.com</a></p> 2006-09-23T17:06-04:00 http://articles.commercial-loans-now.com/?a=35810 <p>by Gregg Hall</p><p>There are few things that are as stressful as buying a home, especially for the first time. There are so many things to consider, such as the size of the home, the location it is in and whether it has a good school district. Many purchasers opt to have a real estate brokerage represent them in the sale. The responsibility of a person licensed to practice real estate is to act as a liaison between the selling and purchasing parties to the transaction. An agreement must be signed by the agency and the purchaser in order for the licensee to represent them during the course of the transaction.<br /><br />The written agreement between an agent and a client must be clearly detailed, prior to any transaction taking place. This includes the names and addresses of both the purchaser and the company agreeing to represent them. It may also detail such things as the estimated price range of the purchaser as well as any contingencies they may have. For example, one contingency may be that they are already considering a certain home from a person without any agency representation, such as a friend or relative. The agreement would state that if they decide to buy that house or any house that was previously looked at prior to the agency agreement, the agency would not be entitled to any form of compensation. <br /><br />This can also include the homes that the purchaser has looked at, that had a seller who was represented by an agency, but the purchaser did not have representation at the time of the viewing. This is why it is so important for a buyer to be clear when detailing to a prospective broker or agent, any type of contingencies that they may have. Brokers usually have pre written agency agreements and there are usually several kinds that the buyer can choose from.<br /><br />The exclusive Right to Represent Buyer/Broker Agency agreement is the one that is typically used to detail the agreement between the buyer and the agent. In this agreement, the purchaser consents to allow the agent to represent them on an exclusive level. It also details the amount of commission the purchaser agrees to pay for the service, as well as the length of time the agent is given to represent them. <br /><br />The Non Exclusive/Not for Compensation agreement also details what is expected of the agent. In this agreement there is no specification of the amount of commission to be paid and the purchaser retains the right to use more than one agent.<br /><br />The Non Exclusive Right to Represent agreement also details the requisite obligations of the agent but also includes an agreed upon commission to be paid. The purchaser still retains the right to use other agencies.</p><h3 class="popup">About the Author </h3><p>Gregg Hall is an author living in Navarre Florida. Find more about this as well as commercial real estate loans at <a href="http://www.commercial-loans-now.com/">http://www.commercial-loans-now.com</a></p> 2006-09-23T17:03-04:00