Commercial Loans – Capital Constraint Still Continues…

Had an interesting meeting last week with a consortium of credit unions in Seattle. They were engaging us to help create a strategic plan for creating a Credit Union Service Organization (CUSO) for commercial loans. Credit unions have a lot of capital to deploy right now and you would think they are aggressively lending – but what we found out was that they are actually quite nervous about government audits, about defaults, about the marketplace in general. They need to lend, but they are cautious about it. Fear, is a bigger concern then profit.
Local banks have the exact same fears and it constrains them as well. In fact, in our discussion with hundreds of local banks over the last few months, it appears as many as 60-70% of them are NOT REALLY LENDING! Combine this with the fact that the big 5 banks deny 80-90% of the applications they take in and you see the true state of money availability to the local business owner or real estate investor. You won’t read that in the media – that is not what the powers-that-be want you to hear. But that is what is going on behind the scenes and like any problem, it provides an opportunity for someone. At Commercial Capital, we have resources around the country that ARE aggressively lending. If a deal is a good deal, we have resources to fund it. That includes life companies, hedge funds, conduit lending, private money AND local banks and credit unions that ARE lending. We can bring the resources of the country to the local investor or business owner and keep the money flowing to the businesses and entities that are out there making it happen. Those are the heroes that are really growing the economy. When we get a loan for that business owner, that opens up jobs and opportunities. That is what these people need.
On Friday, we closed a $6.4 Million refinance cash out loan through our in-house lending facility for one of the largest re-modeling contractor companies in the country. That loan will pay off a bank loan and will free up credit lines to help him handle the huge orders he just received that are going to add millions to his bottom line. This guy is a multi-millionaire with a strong company and is a strong borrower with millions in the bank and he could not get funded locally and ended up closing his loan with Commercial Capital. Lucky for him.
We can get deals closed. Our Company Mission Statement is this, “Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!”by Brian Peart

Wishing you the Best,

Karen Schimpf
Phone: 512-650-8630
Toll: 866-400-8630
Web Site:

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Here’s A Little Bit About Me. 20+ years in the finance industry, I rose to the level of Assistant V.P. with Chase Manhattan. While working for Chase, I decided that I wanted to have residual income without having to quit my job. I bought my first apartment building in 1996, three days before my wedding.

In 2001, I decided I would leave the corporate world and work for myself in a net branch environment.

My passions are helping people get commercial mortgage loans. I also am passionate about investing, working out and being with my family and friends.