Commercial hard money is a term describing a commercial loan that is generally non bankable. The company usually does not meet the standard banking criteria, but has real estate and or assets that are sufficient to collateralize the loan to the investors/lenders.
Other articles related to "commercial hard money, commercial, hard money, hard":
... Commercial hard money is issued to a business entity or individual signing on behalf of a business entity or corporation ... It can be secured against a commercial property or residential investment property ... The sources of asset based commercial hard money loans are generally the following 1 ...
... Commercial hard money lender and bridge lender programs are similar to traditional hard money in terms of loan to value requirements and interest rates ... A commercial hard money or bridge lender will usually be a strong financial institution that has large deposit reserves and the ability to make a discretionary decision on a non-conforming ... Since it is a commercial property, they usually do not conform to a standard commercial loan guideline either ...
... To make the wax hard, sodium carbonate was added ... In 1901 The Gold Molded (originally spelled Moulded) process was perfected for commercial use by Thomas Edison and Jonas Aylsworth (Edison's Chemist) with input from Walter Miller, the Recording Manager of Edison ... When the plaster was hard the cylinders were then baked in an oven, then the ribs made on the inside of the plaster with knives ...
Famous quotes containing the words money, commercial and/or hard:
“Americans living in Latin American countries are often more snobbish than the Latins themselves. The typical American has quite a bit of money by Latin American standards, and he rarely sees a countryman who doesn’t. An American businessman who would think nothing of being seen in a sport shirt on the streets of his home town will be shocked and offended at a suggestion that he appear in Rio de Janeiro, for instance, in anything but a coat and tie.”
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—Henry David Thoreau (1817–1862)