The Wall Street Journal just reported that the number of commercial banks in the US has shrunk to an all time low of 6,891 banks. In 1984, the US had approximately 18,000 banks that were in operation throughout the nation. As a result of a...
Do you and your small business know what to do if you keep getting turned down by banks for a commercial loan? In general, most small businesses do nothing to pursue other potential avenues that could help them secure capital for their financing needs. The...
WAC Closes $800,000 Commercial Loan, Proceeds Used to Purchase Health Care Facility in CT Worth Avenue Capital, LLC successfully closed an $800,000 commercial loan for a real estate development company in Utah in which the loan proceeds were used to purchase a health care facility in...
October 28, 2013: During the month of October, both The Hartford Business Journal and Business New Haven combined to publish three articles that focus on the difficulties that small businesses are experiencing in terms of obtaining conventional bank financing. It is no surprise that these...
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