- change ups
Commercial lenders throughout
The Business Journal talked to several banks and businesses in the area and asked for commercial lending’s best success stories. Who went out on a limb? Who proved other banks wrong by becoming successful? Why did some bankers decide to grant a loan when many others had passed on the same opportunity?
Commercial lending is always a gamble. But it’s an educated gamble, according to bankers. That’s why the relationship is so important, as is the homework. But when it comes right down to it, sometimes a gut feeling is the difference between a successful business venture and just another good idea that lacks funding.
Business Journal staff writers Anne Bond Emrich, Daniel Schoonmaker and