This article focused on sourcing loans for Commercial Lenders. The following is a direct quote from author, Noah Grayson, managing director and founder, South End Capital Corp.
"There’s no getting away from it: Throughout the economy, technology and the Internet have radically altered the entire consumer-purchasing process. Loan shoppers, for instance, no longer have the same need for a service provider who is a subject-matter expert. What’s more, they can now get loan information and knowledge of commercial markets that once was proprietary to the commercial mortgage broker. In addition, borrowers now often have access the same capital, too. So, if mortgage brokers no longer hold the keys to information and capital, how will their businesses survive?"
If you need a Commercial Loan it is now very important that you search the internet but remember the experience of your local Commercial Loan Broker can still play an important in finding the money you need.
At Pacific Rim Business Consultants you can be assured we stay abreast of the financial markets and can be very helpful in providing suggestions on the financing you may need to do a deal.