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Volume 10, Issue 4 August, 2020 August 27, 2020 |
Hi, Here is your latest issue of BM$ Success Newsletter – the companion newsletter to the "Business-Money-Source" website. This Month’s Featured Business Financial Product:Volume 10 Issue 4------------------------------------------ August, 2020
Real Estate Investor’s Special Edition – USA OnlyMany beginning and seasoned real estate investors are seeking various kinds of financing during this time of economic uncertainty. Some of lenders have postponed their loan programs for investment properties.Business Money Source has relationships with several funding sources that are actively seeking real estate projects to finance. These lenders have various and unique lending programs that will fit your property financing needs and your investment goals. Below is general range of the underwriting criteria that Business Money Source may be able to arrange for you: Loan Underwriting CriteriaMinimum Loan Amount: $100,000Maximum Loan Amount: $100,000,000 Interest Rate Ranges: 4.4% - 12% Interest rate will depend upon many factors: the size, term of the loan, the kind of property and you the borrower’s financial statement, credit score and lender’s ROI (return-on-investment) objectives. Loan Terms: 20, 25 and 30 years. Some loans with some lenders may be amortized over 5 or 7 years with a balloon payment for the balance at the end of the term. Final terms will depend on your loan objectives, the type of your investment property and what you and the lender agree upon. Citizen Status of Eligible Borrowers: U.S. citizens, permanent resident aliens and legal entities are eligible to apply and receive loans. Some lenders may limit options to non-citizens. Find out what real estate financing that you may qualify for and start the process to get funding for your project. Please go to the link below and fill out the secure commercial real estate financing form at the link below. Business News:Business Money Source Examines The USPS CrisisThe recent turmoil involving the United States Post Office will affect American life in more ways than most of us realize. Trump-appointed Postmaster General Louis DeJoy has made significant changes to the operations of the U.S. Postal Service. Most of which make no economic, business or civic sense.When asked by Congress last week about what data did Mr. DeJoy use on which to base his decisions, he had no definite or clear answer. What Changes Did DeJoy implement?Mr. DeJoy reduced or eliminated overtime pay for postal workers at a time when the public is depending on the post office more because of the current COVID-19 pandemic. Veterans, seniors and many other outpatients depend on the USPS to deliver prescriptions in a timely manner. More online and brick-and-mortar businesses are depending on the post office to ship to their customers and to order supplies.Mr. DeJoy has sideline 617 letter sorting machines out of a target goal of 673! Some of the sorters can process 35,000 pieces of mail per hour! He also ordered that mail trucks stay on schedule even if they are not fully loaded? The mail that is left behind is delayed by, often by several days. These delivery delays result in missed due dates, deadlines and product spoilage, which cause businesses and consumers lost money. Does that make sense to anyone?
What’s The Motivation To Kneecap The Post Office?The United States Postal Service is a “service” stipulated in the Constitution and supported by taxpayer money. The USPS is not a business and does not have to show a profit, despite some politician’s insistence to the contrary.Is there political motivation to cripple the USPS during an election year? It is a fact that more voters will want to vote by mail this year because of the COVID-19 pandemic. It is estimated that as many as 67% of voters may vote by mail. This should indicate an increase in post office capabilities rather than reduce mail-handling capability. Is this assault on the post service a political one? Mr. Louis DeJoy is a significant donor to the Republican Party. That in itself is not a problem, but he also has large investments in companies that are in direct competition with the USPS! Does Mr. DeJoy have an incentive for the post office to fail? Isn’t this a blatant conflict-of-interest? The House of Representatives passed a $25 billion bill to shore up the post office on Sat. Aug 22, 2020. It still has to pass the Senate and be signed by Trump, which is doubtful either will happen. Therefore, it is up to us, the citizens, to demand that this important civil and business service be saved for the good of our citizens, economy, and electoral process and for the well being of our democracy. This Month’s Business Survival Tip:Need Money For Your Business But Don't Know Where To Get It?Business Money Source has numerous funding sources to help you, the business owner, entrepreneur or real estate investor to get the business financing that you need for expansion, operations, inventory, equipment, real estate investments or any worthwhile business purpose.Go to the link below and let Business Money Source know your business funding needs during the COVID-19 Crisis! Questions Or Comments On Other Business FinancingGo to the Business Money Source website and fill out the contact form with any questions or comments that you may have: ConUsPage2Your information will not be shared or traded with any other business or private entity. More Links To Get Started In Funding Your Business Or ProjectFor other business loans:For corporate turnaround and debt restructuring for your business:
Know Someone Who Is Seeking A Business Loan Or Real Estate Financing?To register as a Referrer and refer a business loan request:Let us know what topics you would like to see covered in BM$ Success Newsletter. Back Issues for BM$ Success Newsletter Please feel free to contact me by the methods listed below, with any questions that you may have about the various loan programs offered by Business Money Source, LLC. I look forward to assisting you or your clients in acquiring the business financing that you seeking. Sincerely, ConUsPage2 Jim Bullock, Managing Member Business Money Source, LLC jim@business-money-source.com (804) 396-3040 Fax: (804) 781-4971 Twitter: bizmoneysource Facebook.com/businessmoneysourcellc www.pinterest.com/bizmoneysource/boards/ Friends of Business Money SourceAdditional resources to enhance your business and your lifestyle:----------------------------------------------------------- Capricorn City The Hangout For Writers and StoryTellersDo you have a story to tell? Like to write poetry? Do you enjoy or would like to review music, movies, or television shows? Interested in getting your works published? www.capricorncity.com is the perfect place to get your work seen by readers around the world. Please feel free to contact James Bullock at jabfas@gmail.com if you have a desire to let the world discover you. ---------------------------------------------------------------
Advertise Your Business in BM$ SuccessYou as a subscriber are invited to give your business free online exposure. Free advertising just for the asking! Just send a brief description of your business and the products or service you offer. State whether you are local to a specific region or a national or international company. We will place your info in the next issue of BM$ Success. Don’t forget your contact info or to spell check your ad!Send your ad info to: info@business-money-source.comAny Questions: Let us know what topics you would like to see covered in BM$ Success Newsletter. Be sure to check business money news page daily on business-money-source.com for updates. Also friend us on Facebook and follow us on Twitter! Until next month! Sincerely, Jim Bullock Business Money Source, LLCP.O. Box 16096Richmond, VA 23222 (804) 396-3040 “Your One Stop Online Business Information Source”www.business-money-source.com Twitter: @bizmoneysourcehttps://www.facebook.com/BusinessMoneySourceLLC Disclaimer: The content contained in the BM$ Success Newsletter is provided for informational purposes only. It is incumbent upon the user of the information to seek appropriate financial and/or legal counsel before entering into any financial transaction. Business-Money-Source, LLC nor its' principals are in no way liable for your financial transactions. See the “Disclaimer” and "Terms of Use and Privacy Policy" pages on the Business Money Source website for further explanation. |
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