Local Developers Feeling Credit Crunch: Banks Hesitate to Lend in Current Environment

By Brian Neill, The Bradenton Herald, Fla.

Jun. 24–Local developers say they can’t get local funding for their projects despite governmental talk about stimulating the economy.

As a result, potential projects have stalled or are not moving forward.

<<Blogger comment: we continue to find sources of capital still willing to lend money. While we need to go to more sources than ever before there is still capital available for properly structured commercial real estate deals. To learn more about how to structure deals that will close and fund in the new market environment please read our White Paper >>

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