Cosmic Pillow Theory of Commercial Loans

Cosmic Pillow Theory of Commercial Loans

We have all heard the old saying, “The harder I work, the luckier I get.”  This is especially true during tax time in the commercial loan business, from mid-March to late April.  Commercial loan demand is almost non-existent.  Here is a reminder why. If...
Securing a Commercial Loan on a Liquor License

Securing a Commercial Loan on a Liquor License

The picture above is an old-time bathtub still used to make gin during Prohibition.  My son recently asked me to write a blog article on how a hard money lender goes about securing a first lien on a liquor license when making a commercial loan on a restaurant or...