Tag: Business Loan
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Business Litigation
Fifth Circuit Issues Warning for Lenders Seeking to Accelerate Loans in Default
- April 4, 2016
- By Allen & Gooch
Recent case assesses when the statute of limitations/prescriptive period begins to run. There is an important warning for creditors hidden in dicta of the Fifth Circuit Court of Appeals’ recent ruling, Martin v. Federal National Mortgage Association, No. 15-41104 (5th Cir. Feb. 22, 2016) – accepting payment after accelerating a debt could waive the acceleration […]
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Business Transactions
Return of SBA 504 Debt Refinancing Loan Program
- March 21, 2016
- By Allen & Gooch
A Return of SBA 504 Debt Refinancing Loan Program to Aid Development of Small Business SBA 504 Loan Program anticipated to begin mid-2016. Congress recently reinstated the Small Business Administration (SBA) 504 Debt Refinancing Loan Program. The program is expected to begin in three to four months and will allow businesses to refinance or renovate […]
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Emerging Companies and Start-ups
Fundera, New Site Helps Entrepreneurs Find Alternative Lending Options
- April 10, 2014
- By Allen & Gooch
Group Me Founders, Jared Hecht and Steve Martocci, have launched a new alternative lending platform for small businesses called Fundera. The Challenge of Financing a Small Business It’s a problem that all start-ups, entrepreneurs, and small businesses face – capital. Whether you have a great idea and you are trying to build the proof of […]