What If Your Bank Says No To A Loan Request?
By Jerry Hayes OD | in
|
10/14/2009 - 5:21 pm
One reason you want to meet with your banker well before a loan is needed or due for renewal in this tight market is because they might say NO, or offer you a loan on terms you don’t want.
Fortunately, there are some legitimate alternative lenders such as ProMed (888.763.4626) and Matsco (800.326.0376) that
View This Article
Public Forums Disclaimer: All content, information and opinions presented in the Red Tray Discussion Forums are those of the authors of posts and messages and not of Red Tray's. Red Tray does not guarantee the reliability or accuracy of the material presented. The material is published "as is", and does not represent the views and opinions of Red Tray. Red Tray merely provides a space for its users to express and exchange their own opinions. Any reliance upon the material presented in these forums shall be at the user's own risk. Red Tray and its owner organizations bear no legal liability for discussion results.
Click here to view the full disclaimer and conditions of use.
Mark, I am not sure who they
Mark,
I am not sure who they are. I am sure we will be able to consolidate your loans. Typically, we can add working capital and/or extend your term so that your payment is lower. Feel free to give me a call.
Tom Dickershaid
ProMed Financial, Inc.
888-763-4626
I have a loan through GE that
I have a loan through GE that I want to refinance.
They are tight on credit and GE sounds troubled also.
I was directed to Group Financial. Any thoughts?
Mark
Greetings, Dr. Hayes, I
Greetings,
Dr. Hayes, I appreciate what you do for the Optometric community. A quick message for your readers:
Currently, the credit crunch has many banks sitting on the sidelines. This is especially true for cash-flow based lending where an applicant is not required to pledge additional collateral.
It pays to know what choices are available for financing. Whether you are remodeling, adding equipment, automating to paperless or even opening or acquiring a satellite, we can help. Certainly we can help with start- ups and first time acquisitions as well.
Feel free to call for any reason. I will do my best to help you.
In health,
Tom Dickershaid
ProMed Financial, Inc.
888-763-4626
tom@promed-financial.com