Archive for March, 2009
Recent Deal - Pittsfield, MA
  Location - Pittsfield, MA
Loan amount - $2,000,000
        Broker commission - $10,000/0.5%
        Loan purpose - Rate and term refinance
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Obama: Pumping money into small businesses
President Obama lays out the government’s effort to encourage small business loans, but the SBA is still working out the details.
Click here for the complete story.
Check out our Newsletter - Ocean Capital Current
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Resi broker hesitant about originating a commercial deal
Situation
A broker contacted me recently, I’ll call him John, with a commercial loan scenario involving the purchase of an office/warehouse space in Fort Lauderdale, FL for a painting company. John admitted he had never originated a commercial loan, let alone an SBA (7) loan, however the deal was a referral from one of his top [...]
Webinars, Whitepapers & More coming soon
Coming Soon… We will be posting our recent webinar, which discusses the importance of introducing small-balance commercial lending into your revenue stream and helpful strategies for remaining successful during these challenging times. The webinar features David Bartels from the traveling seminar Selling Smarter and Daniel Murphy, Vice President of Commercial Lending for Ocean Capital.Â
Also coming soon is our whitepaper step-by-step guide to [...]
March 16th & 17th Regional Conf. of MBAs - Atlantic City, NJ
Come see us at booth #1 at the annual Regional Conference of Mortgage Bankers Associations at the Trump Taj Mahal Casino Resort in Atlantic City, NJ on March 16th &17th. Two of our veteran Loan Officers, Matt Foley and  Will Martin will be exhibiting. Make sure to take advantage of their services by asking them about our programs and [...]
