FAQs
Your Questions Answered
Why shouldn't I just go straight to the bank for a loan?
You certainly can go straight to your local bank or credit union; however, they might not be able to provide the best loan terms for you. Over the years, BSL has built up a robust lender network that allows us to pinpoint which lenders can give our clients the best loan. In addition, your local bank may be limited on what they can lend on. BSL has the ability to secure lending for all your needs.
How does your fee structure work?
At Beale Street Lending we do not charge an hourly rate or an up-front fee. Once we have secured a financing solution for you, we charge a percentage of the loan amount at closing.
How much experience does BSL have getting lending secured?
Since our inception, Beale Street Lending has secured over $200 million in financing for our clients. We possess a wealth of experience in successfully closing loans across diverse industries and needs.
What are the advatages of using BSL?
BSL is committed to finding our clients the best financing available. We leverage our bargaining power and experience to negotiate the best terms for our clients in a time-sensitive manner.
Where do you think Interest Rates are going?
These are times we wish we had a crystal ball. The truth of the matter is that we’ve been in a low interest rate environment for quite a while now. In the long-term perspective, interest rates are still in a very good place. Depending on your situation, it may be time for you to refinance, it may be time for you to think long term, it may be time for you to think about how you’d be exiting this loan and what that cost may be. It all depends on you and your situation.
What should I do if I am thinking about utilizing BSL?
If you are interested in finding the best financing available, let's set up an introductory call to see what solutions we can offer.