Ringing Off the Hook

For most business owners, commercial loans, commercial real estate financing and working capital financing have become increasingly difficult to find. It is important for businesses to understand that this does NOT mean that such commercial funding is impossible to obtain — but clearly many of the “traditional” sources for small business loans cannot be relied upon at this time. AEX Commercial Financing Group has written candidly and extensively about what commercial borrowers can do to effectively resolve this serious problem. The urgent need for viable business finance funding has caused most business borrowers to actively seek alternative sources for their business financing requirements. There is probably no better indicator of the current state of the economy than to merely report that our phones have begun to sound like the proverbial “phone ringing off the hook” (although we would also like to think this is a practical measure of being good at what we do).

In the spirit of “We’re all in this together”, AEX has reduced fees for most commercial financing programs. As I have always done, my decision to ask for a fee of any size will be based on first having a conversation with a prospective commercial borrower that gives me a comfort level indicating we are likely to be helpful in their funding efforts. If you are interested in discussing whether we can help with your specific situation, I recommend a short phone conversation at your convenience so that I can learn more about your business.

If you have not already reviewed the advice provided on our main website or in The Working Capital Journal, I recommend that you read firsthand what AEX has published about the difficulties currently being experienced with working capital loans and commercial mortgage loans. As we have emphasized, business cash advances (using credit card receivables) have been less impacted but still involve some problem areas (which CAN be effectively avoided).