For the past few weeks, the world’s media seems to have been dominated by two unfolding dramas:
- The extraordinary and rather amateur performance in Washington, as the US government lurched towards potential default.
- The concerning spike in euro-region yields, against the backdrop of their apparently insoluble sovereign debt issues.
However, as Amy Auster reported in Saturday’s Financial Review, there was also a really positive development last week (certainly for Australia), which seems to have simply “snuck under the radar”. [Read more…]
And then, we moved to the various aspects Commercial lenders look at as far as Risk is concerned.
The most important thing you need to grasp is that there are basically no hard and fast rules about the various factors like … the leverage that is available … costs associated with Commercial loans or … the actual lending criteria most financiers and adopt.
So, tell me … how many people have you spoken with lately, who are fearful about the European and US debt problems?
No doubt you will have experienced your share of problems, when it comes to arranging the finance for a recent purchase you may have finalised.
