Saturday, May 30, 2009

The Banks I couldn't remember on Fox Business Network today

Hi everyone.. thanks for your patience! Sucks to forget your notes! OK, the "banks" (in quotes because they aren't really banks but facilitators) that I promised to get to you today after Your Questions Your Money. (Please check out the forum for thread on my web site at www.thebabbgroup.com and go to Forums, then Entrepreneurs to see what others have to say too)

Mercantile Commercial Capital in Altamote Springs, Florida - $500k to $7mn.. they work on the SBA 504 program, 10% collateral only needed, 5% interest for up to 25 years.. specializing in healthcare/day cares, restaurants, hotels, warehouses. They will look to see that you make about $1.20 for each $1.00 in debt.

Also California Bank and Trust which is setting records in lending.

Check them out!

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