A bit of preparation is key to making any face-to-face business conversation more valuable for both parties involved. Be sure to take this approach when meeting with a Texas Commercial Lending professional. Financing a major investment in a commercial real estate asset is a major undertaking, and your company will want a firm understanding of the type of person they are trusting with their financing needs. Likewise, it helps lenders to locate ideal financing opportunities when the better understand the needs and goals of your company.
That’s why it’s valuable for your company to prepare a few questions before meeting with commercial lenders for the first time. This attention to detail will help get both parties on the same page and set the expectation that your company expects a high level of professionalism from its partners. The following examples provide a simple model for your own list of questions..
Remember that traditional financial institutions like banks and mortgage lenders are bound by numerous rules and regulations. Often the Texas Commercial Lending terms they offer to businesses are relatively inflexible. Thankfully, an increasing number of private lenders are offering more specialized loan terms.
Use the same strategies mentioned above to get to learn more about a private lender and how they can best support your company’s commercial real estate goals.
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
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