All Posts by Edward Sirianni

|In: Financing|Last Updated:
Common Questions For Business Owners Looking For Financing

Here is a list of common questions that many small to mid-sized businesses are all asking:

Q – Are Banks Still Lending Money?

A – Yes and No. Anyone can see that there have been many banks that have failed. The truth is that many banks made bad loans and now have many non-performing assets on their books. They now need to reduce their assets because of regulations and by doing so they are not able to lend. That being said, there are still MANY banks who did not make risky loans and who have a lot of capital that they need to lend to make money. Banks are for-profit institutions and the way they make money is by lending it out. They will still look for qualified borrowers, but they are very interested in lending money.

Q – Why do most banks want a business banking relationship on top

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|In: Lending|Last Updated:
Industrial Actual Estate Loans – Approaching the Industrial Lender

You’re searching for commercial real estate financing – what’s the best approach to take in contacting lenders?

Commercial lending is far less standardized than getting home financing and has a whole language of its own. You and the commercial loan officer will generally discuss the tenancy and income or the property if it is rented, and the property type, before getting into the borrower’s qualifications. The loan amount and terms you’ll obtain will vary greatly, depending on different property characteristics.

When you contact the commercial lender, try to have as much of the following information as possible available:

1)  The sales price or estimated value of the property

2)  The loan amount desired

3)  The property type, including approximate age of the improvements, square footage, lot size, and in the case of apartment buildings, the number, size, and types of apartments, who pays utilities, and what the parking arrangements are. …

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|In: Finance News|Last Updated:
Mastering the Basics of Estate Financial Arranging

Like lots of legal tools, Estate Financial arranging can look like a mystery to the majority of people. But when utilized correctly, it can be an incredibly precious tool for people today from all walks of life. You must not possess a huge Estate Financial or billions of dollars in the bank to benefit from a well-made Estate Financial plan. So here I’ve decided to write about a number of the simple issues you are going to have to know about wills, trusts, and also the rest in the gang. Hopefully, this can give you a clearer idea of what it’s all about and how you may use it for your benefit.

Let’s start with several of the most fundamental inquiries about this legal invention.

What’s Estate Financial Planning Financial?

Estate Financial Planning Financial refers to the process of establishing arrangements for the management and disposal of the properties in …

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|In: Personal Finance|Last Updated:
Is an Estate Financial Tax or Inheritance Tax Coming for your State?

Is an Estate Financial Tax Aspect of your State’s Income Approach?

The topic of a state-imposed Estate Financial tax or an inheritance tax (where the person receiving the cash, the beneficiary, is taxed) hardly ever enters the news stream.

We’re conditioned to believe that we do not will need Estate Financial organizing tools including trusts unless our assets exceed a lofty figure such as $1 million or more because the federal government has historically exempted such amounts from the federal tax.

But if you live in Ohio, by way of example, your Estate Financial could be taxed 7% by the state just after only the initial $338,333 was exempted.

What the Feds Did and What to Anticipate From the States

For 2011-2012, the federal government exempted as much as $5 million per individual from Estate Financial taxes. Amounts above this are taxed at 35%. Had a new law not been …

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|In: Financing|Last Updated:
Comprehensive Tech Support for Startups

While there are many startup ideas, just a few of them remain on the market. The development plan has been drawn up correctly, and the investment is sufficient, and the product is unique. So, why does it happen? Almost all projects face the same problems. It’s very important to get full technical support and expert IT consulting from professionals. This will allow you to go through the key stages of startup development easily.

Stages of Startup Project Development and Possible Problems

There are 6 key stages that any startup goes through. An error in any of them will have a negative impact on one or more of the following stages. We must pay close attention to the implementation of each stage.

1. Evaluation of the Original Idea

Here we need to analyze all product features and its competitors on the market in detail and to create our own way of …

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