General Membership Meeting - Need Capital? How Will New Lending Requirements Affect Your Business
FEBRUARY BREAKFAST MEETING
Need Capital?
How Will New Lending Requirements Affect Your Business?
HOW ARE LENDING INSTITUTIONS MAINTAINING
NEW AND CURRENT LENDING CLIENTS
&
HOW BUILDERS CAN BETTER SECURE THEIR LENDING POSITIONS DURING THESE DIFFICULT TIMES
GUEST PANELISTS
KC Barrett, Vice President - Commercial Real Estate - M&T Bank
Mark A. Duffy, Senior Vice President – Firstrust Bank
John Herring, Senior Vice President – Liberty Bell Bank
• Amid a cash crunch in the property market, what are lenders doing for builders?
• Are lenders setting tougher conditions on builders seeking fresh money and old loan rollovers?
• Are lenders releasing funds with strict loan covenants
• What are banks doing to avert defaults
• Are lenders raising the asset cover — the security required for the loan
• Are you lending now? (Can the bank actually make more loans now?)
• Under what conditions are you making these loans? (Interest coverage ratios, etc.)
• What information do you need to consider my request?
• What is the time frame usually associated to complete a loan?
• What loan to value are you looking for on the land loans?
• What LTV are you looking for on sticks and bricks loans?
• Are you considering speculative loans and if so how will the LTV differ for these loans?
$25 Members
$35 Non-Members/Walk-Ins
Need Capital?
How Will New Lending Requirements Affect Your Business?
HOW ARE LENDING INSTITUTIONS MAINTAINING
NEW AND CURRENT LENDING CLIENTS
&
HOW BUILDERS CAN BETTER SECURE THEIR LENDING POSITIONS DURING THESE DIFFICULT TIMES
GUEST PANELISTS
KC Barrett, Vice President - Commercial Real Estate - M&T Bank
Mark A. Duffy, Senior Vice President – Firstrust Bank
John Herring, Senior Vice President – Liberty Bell Bank
• Amid a cash crunch in the property market, what are lenders doing for builders?
• Are lenders setting tougher conditions on builders seeking fresh money and old loan rollovers?
• Are lenders releasing funds with strict loan covenants
• What are banks doing to avert defaults
• Are lenders raising the asset cover — the security required for the loan
• Are you lending now? (Can the bank actually make more loans now?)
• Under what conditions are you making these loans? (Interest coverage ratios, etc.)
• What information do you need to consider my request?
• What is the time frame usually associated to complete a loan?
• What loan to value are you looking for on the land loans?
• What LTV are you looking for on sticks and bricks loans?
• Are you considering speculative loans and if so how will the LTV differ for these loans?
$25 Members
$35 Non-Members/Walk-Ins
General Membership Meeting - Need Cap...
Date and Time
Wednesday Feb 20, 2013
6:00 PM - 6:00 PM EST
Location
Plaza 3000
Main Street
Voorhees, NJ 08034
Printed courtesy of www.blsj.com/ – Contact the Builders League of South Jersey for more information.
114 Haddontowne Court, Cherry Hill, NJ 08034 – (856) 616-8460 – blsj@blsj.com