Are We in a Real Estate Bubble?
Homebuyers may worry the market is entering a real estate bubble due to record high housing prices, low inventory, and the prevalence of bidding wars. However, after surpassing the “mid-2000s housing-bubble high watermark of 11.9%” in April of 2021, economists predict...
Top Five Reasons Banks Turn Down Loan Applications
According to research, only 37% of small businesses apply for financing. Of the businesses that do apply, however, banks reject about 80%. Why might this be? Banks consider several factors in determining whether or not to approve a loan for a small business. These...
Who Will Give Me a Loan When No One Else Will?
The process of traditional lending typically involves a borrower visiting a financial institution and trusting a single banker to find the best rates and terms for their loan. This process can take months and, due to each lender’s strict guidelines and varying...
What are the Advantages of SBA Loans?
The U.S. Small Business Administration (SBA), established in 1953, provides funding for small businesses. Its mission is, “as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, preserve free...