July 01, 2009

Dismal State of Commercial Loans and Commercial Lenders

Comments at a Recent Banking Conference

“Last week, I hosted a meeting of mortgage lenders,” continued last night’s emcee. “They got together all the mortgage lenders in Britain who are still in business. I felt sorry for the guy. All alone…

“Today, a guy goes into a bank and he says… ‘I’d like to talk to you about a loan…’ and the banker says to him, ‘Great…how much can you lend us?’

Topic Tags: commercial financing, commercial lender, commercial lenders, commercial loan, commercial loans, commercial real estate financing, commercial real estate loan, commercial real estate loans

by George Blackburne

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by GBlackburne

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