Kiva.org Microloans
A couple of months ago I made two $25 loans on kiva.org. This week I received notice that both of the entrepreneurs have repaid 10% of the total loan commitment.
I am excited about this for a number of reasons. First, I have become convinced that micro credit is the best way to bring the third […]
How to Borrower $50,000,000: The Commercial Mortgage Underwriting Process
When applied to commercial real estate debt, underwriting is a term used to describe the process a mortgage originator goes through when deciding whether or not to issue credit to a borrower. Financing commercial real estate is a completely different game than residential mortgage financing, and knowing how the process works will most certainly work […]