by Beatriz Carias | Jul 31, 2022 | Alternative Lending, Insights & Articles
In June 2022, the Federal Reserve made a bold move in its effort to reduce inflation by announcing the largest interest rate increase in nearly three decades. The Federal Reserve raised its benchmark interest rate by .75 of a percentage point. This is the most...
by Beatriz Carias | Jul 15, 2022 | Alternative Lending, Commercial Real Estate, Insights & Articles, Meet The Team
Our team at Innovative Capital Corporation is excited to welcome our newest member, Nick Leonard. Nick is joining our Innovative Capital team from Hendricks County Bank and Trust (HCBT) as a Commercial Loan Officer. Nick’s experience in business management...
by Amanda Rogers | Jul 10, 2022 | Alternative Lending, Commercial Real Estate
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...
by Beatriz Carias | Jun 12, 2022 | Alternative Lending, Commercial Real Estate, Insights & Articles
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...
by Beatriz Carias | May 29, 2022 | Alternative Lending, Commercial Real Estate, Insights & Articles
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...
by Beatriz Carias | May 15, 2022 | Alternative Lending, Commercial Real Estate, Insights & Articles
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...
