Small businesses have been leading the charge in economic expansion throughout recent months.
After years of extremely dire conditions in the commercial real estate market, new reports suggest major improvements in the sector.
Government officials and financial institutions have increased efforts to support small business success and growth in recent months, as smaller firms are disproportionately responsible for private GDP and hiring.
“Nothing Down!” shouts the headline in boldface, large letters. Yet, it qualifies who the bank says is worthy for this special business loan. “Medical doctors, CPAs, attorneys, veterinarian practices and dentists,” are on the list. However, “Chiropractors are not eligible” for HomeBanc’s “Professional Perks Program.” “We like professionals, business acquisitions and franchise lending,” says John Hanlon, the bank’s vice president, … Read More
The commercial real estate lending market appears to be growing.