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Sourcing And Seasoning Assets. Seasoning of Ownership!This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.
Big retailer finds China market is tough
– rss.cnn.com
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Continue Reading On rss.cnn.com »China inflation steady as economy stumbles
– rss.cnn.com
Inflation remained subdued in China last month and well below the government’s official target, clearing the way for policymakers to pursue any new stimulus measures.
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How would you build an engine from scratch? Can you estimate the revenue from 2012 Olympic ticket sales? How many people are watching YouTube in a given hour?
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Commercial Real Estate Financing Information Here! + More News: China inflation steady as economy stumbles + MORE 08/09/2013
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