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"How To Control Your Financial Future...It CAN Happen!"
Has an amazing business deal fallen through the cracks because
a primary funding source refused to lend you the money needed
to get the deal done? Have you been rejected by the bank when
trying to obtain a loan?
Beyond the primary lending market, there is an alternative
funding source known as the sub-prime or secondary market.
The National Real Estate Investor published its Borrower Trends
Survey in February 2006, which indicates after approaching
banks, 32% of respondents cite private investors as debt sources.
Another world of financing opportunities quick and easy to deal
with and that want to lend to you! According to the 2002 U.S.
Census Bureau there are 271 secondary market financing
establishments, a 22.5 percent increase in comparison to the
1997 survey results. The trend of increase is still developing as
the secondary market gains wide visibility. Private lending,
an alternative you should take into consideration, is a fast and
flexible way to receive funding. An essential difference
between the primary and secondary markets is secondary
markets will accept higher risk and less than perfect credit.
Banks often will decline funds not only to imperfect credit
sources, but also for not owning enough assets. Banks
may also decline your request for a loan if the amount is
not large enough! If you are trying to invest in a new office
building and need the capital to get off to the right start,
don't give up! Research the secondary market and get the
cash to purchase the building you need. If you need cash
flow the secondary market is where you go! The building
blocks to your wealth start with stepping off the beaten
path that traditionally led to banks, credit unions, and
mortgage companies. The secondary lending market has
expanded significantly over the years and accounts for a
great deal of home and business purchases today. A
multitude of business professionals and investors are
seeking opportunities but don't know where to turn.
Let's get back to focusing on our goals and dreams and turn
our backs on glass ceilings and closed doors. It's the
entrepreneurs that make our economy churn. What are you
waiting for? Now is your chance to build businesses and wealth.
I will see you on the early beaches of retirement!
Article written by Maria Fee.
About the Author: Author Bio::
selling a company
buying a company