Trevor Cole Commercial Corp.(TCC), a commercial mortgage company based in NYC, offers diverse financing options to clients Nationwide. TCC specializes in non-conforming loans for small businesses that unfortunately do not qualify for traditional financing, due to their low credit score issues.
Small companies need capital to grow, and to meet working capital shortfalls. However, when business owners apply for loans from lending institutions, many companies receive little or no financing. Apparently, lack of capital is one of the reasons for lost profits. A 2017 US Small Business Administration Office of Advocacy Report, specifically pinpointed insufficient financing as the main problem. As a result, 15% of companies, less than two years old, and 7% of companies, more than 16 years old incurred reduced profits. In the worst case scenario, lack of capital, can cause company's to close-their-doors. However, financial options are available for small companies with poor credit. Alternative lenders, such as TCC can provide nonconforming loans that help companies stay afloat, and improve their profitability.
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AuthorTrevor Cole Commercial Corporation of New York City specializes in procuring funding for large real estate projects, including multifamily properties and office buildings across the nation. Archives
May 2022
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