Is anyone getting financing for non-residential construction projects?
It is a problem. We continue to hear that projects are put on hold or in some cases canceled because of financing. It’s hard to tell how much is a result of a generally weak economy, or because financial institutions aren’t lending now. Criteria have changed for what project makes sense in the economy. A lot of times you’ll hear that a bank doesn’t want to lend on this project with all the job losses or that they can’t get financing because the project just doesn’t make sense right now. See more articles on this topic by clicking on the “RELATED ARTICLES” above and to the right. We have over 5000 articles on Real Estate Advice, Personal Finance Advice and Consumer Advice on our site. We encourage you to look at these articles. As always, if you have a comment on our articles, don’t forget to post your comment below. We thank you for coming to ThinkGlink.com. © Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium
It is a problem. We continue to hear that projects are put on hold or in some cases canceled because of financing. It’s hard to tell how much is a result of a generally weak economy, or because financial institutions aren’t lending now. Criteria have changed for what project makes sense in the economy. A lot of times you’ll hear that a bank doesn’t want to lend on this project with all the job losses or that they can’t get financing because the project just doesn’t make sense right now.
