This is why.
It’s a fact. Right now banks, loan committees and other funding resources are cautious, very cautious. And that cautiousness is not going to change for a while. Commercial lenders look at every deal, every loan or investment with apprehension. Past business relationships with bankers do not mean what they meant yesterday, let alone last year. A track record of success does not guarantee success or even consideration. Especially in real estate.
Banks and other lenders are no longer competing for your business. They possess a defensive and protective mind set. This makes it difficult or impossible to achieve the financing outcome you need or want without someone one to guide you to and through those with the capacity and propensity to meet your financing needs.
At CLR, we’re experienced financial experts. We have a network of local, Tennessee lenders with whom we have built solid and established relationships. We have almost a combined 40 years of experience in the Knoxville and surrounding East Tennessee area. With that tenure comes an intimate knowledge of today’s lending criteria, culture and mind set. When a CLR client comes to us looking for a loan, we know which lenders to direct them to and why.
CLR offers a highly personalized suite of services. Our services help cut through today’s red tape now encumbering lending decisions. Through our approach, knowledge and relationships, we save clients time, effort and stress by reviewing and advising them on their business situation and funneling their lending need to the financial institution most likely to approve the deal.