September 2020 Commercial Lending and News

Good morning to days of September; 

What to watch in 2020 

– Unintended Consequences and Outcomes –

The CoVid-19 Storm: Small Business and Commercial Lending continues to be caught in the midst of theuncertainties surrounding CoVid-19. But we can help! For the vast many who are healthy, let’s all go out to eat, shop, and be active in our daily life. And if sick or even a little under the weather, staying at home is a smart, healthy choice – for you and everyone. 

The good news: We have common sense and do know when we are less than our best. Let’s remain responsible to each other, know our surroundings, and be guided by a positive spirit – even sending a gift card to those struggling.  Keep in mind, Home Depot, Costco, gas stations and more, are doing fine.  So continue strong,upbeat, and encouraged. It is key.

The Good News: Congratulations to all who are meeting virus challenge: Being aware, responsibly use a face mask – keeping one’s sneeze to one’s self – and a bit of social distancing, are helping reduce the impacts of the corona virus. Numbers are down – especially as to the corrected death rate and actual numbers of positives tests leading to the complications of CoVid-19. Amen. 

Stay Strong – Be of Great Courage – Take Full Advantage of Great Rates

Beyond the headlines of fear and panic, there is really Good News: Saving rates are increasing. We are findingsolid ways to significantly add more cash to our bank accounts. One such way is to take full advantage of our very, very low interest rates by: 1) refinancing our loans or 2) consolidating loans with a home equity line of credit. Truly, extra savings is a great ally and a lesson to be learned from this year of fire and a pandemic. Pay less / Save more. CalToday!

Do all you can for your local Small Business – I cannot say this often enough.

Unemployment rate: After coming down from 12 % of the workforce , in temporary layoffs, we now see 6 %. This is a strong beginning, even adding a few percent for job losses and new entrants to the jobs market.  Yet one tenth of the California workforce sitting on the sidelines, is to much. We need Congress and Senate to act now – take November out of the equation and put American workers first. There are many good ideas that need to be acted upon now.  Keep our Small Business open, alive, and vibrant. It is a good time to pray for softening of hearts.

Re-Openings: Re-opening proved successful. More and more people gladly getting back to work and Small Business sharing some hope again. Let’s not stop, but support, a good thing. As for large corporations, they continue to support a work from home plan, one that may continue into next year. Let’s hope a much anticipated vaccine will bring more people back to work. As a people, we tend to like being surrounded by and with others. We all benefit. 

Home Refinances / Home Equity Loans: Quick note: Applications have increased dramatically and with these great rates likely lasting into next year, this strong demand will continue. This has become a great intermediate choice and wise financial decision. So please: Start planning today. The process takes time, and the sooner you act, the sooner you benefit. Let’s talk, very soon – even today. 

Act Now – Call today.  Let’s lock in these rates.

Lower your payments and keep more cash in your pockets. 

Commercial Refinances: Have a need to refinance a balloon loan, or seek to invest in residential property, or need a sounding board? Let’s talk first, before acting. It is a great opportunity to: refinance, modify your commercial portfolio, or strengthen one’s balance sheet. If ready, let’s start today. We can discuss the advantages of a tax-deferred exchange – how it financially strengthens the value of your investment portfolio. Give a ring or email. 

Small Business Lending – Keeping Doors Open – Call us.

Commercial lending is fraught with challenges, BUT it is not dead. While some commercial lending partners continue their holding pattern, not all of them. It helps explain why active lenders keep asking more detailed questions as to: strength of rent collection, detailed due diligence of the property, and additional supporting documents. In these trying times, Lenders need more assurances of tomorrow. It makes good sense.

Some reports show 95 % of renters are making their payments on time, whereas for commercial tenants, the number is roughly 50 %. As for commercial mortgage, close to 30 % not able to make scheduled payments. It helps explain why Lenders have extra concerns about risks of non-payment. Thus the increase in back-checking and why fewer remaining lenders. 

The Good News:

I am ready and have the experienced knowledge – and training – needed for you to obtain the financing matched to your specific need and future plans. Together, we can navigate troubled waters and bring your ship to victory – safe and secure. You are my priority.


As a broker, we provide a needed ray of hope, in these uncertain days. For our commercial client, we provide a straightforward and careful review of available lenders, and the full range of lending options. They are ready and we will get you ready. In this fast-shifting market, we are an excellent pathway to your success. We know how to put together the strong, solid loan application, needed for success. We are proven and ready, with lenders ready to lend – today. 


Trust the true value and benefit of getting your loan done – right.

The virus will pass. May our being aware of one’s neighbor, in love, continue. Stay well. 

Many blessings for family and friends.