2018 by the Numbers

The commercial financing vertical experienced a banner year in 2018, with several key forces driving a perfect investment landscape for business owners across multiple industries. A robust U.S. economy, coupled with the strongest global economy of the last decade, launched both corporate and consumer confidence to new heights. Additionally, the perceived cash flow benefits of the recently passed Tax Cuts and Jobs Acts (TCJA) encouraged business owners running enterprises of every size and scope to expand their operations, grow their staff, and invest in the equipment and technology needed to increase capacity, efficiency, and profitability.
At Avid Commercial, the past twelve months have brought unparalleled internal growth and countless investment opportunities for our partners. Throughout the year, our wavering commitment to service excellence and client satisfaction helped us achieve several vital goals and milestones. Some of 2018’s most significant standings, statistics, and successes include:

 

Growing National Presence

In 2018, Avid Commercial funded corporate initiatives in 11 different states, with the majority of our business generated in the Western region of the country (UT, CO, CA, AZ, NM, NV).

At Avid Commercial, the past twelve months have brought unparalleled internal growth and countless investment opportunities for our partners. Throughout the year, our wavering commitment to service excellence and client satisfaction helped us achieve several vital goals and milestones. Some of 2018’s most significant standings, statistics, and successes include:

 

Growing National Presence

In 2018, Avid Commercial funded corporate initiatives in 11 different states, with the majority of our business generated in the Western region of the country (UT, CO, CA, AZ, NM, NV).

Property Types

At Avid Commercial, we continuously strive to broaden the verticals and property types we support with funding. This year, we financed multiple industries including:

  • Medical/Dental
  • Retail
  • Office
  • Warehouse
  • Industrial
  • Self-Storage
  • Mixed Use
  • Hospitality

Property Types

At Avid Commercial, we continuously strive to broaden the verticals and property types we support with funding. This year, we financed multiple industries including:

  • Medical/Dental
  • Retail
  • Office
  • Warehouse
  • Industrial
  • Self-Storage
  • Mixed Use
  • Hospitality

Average Closing Time

Fast access to cash is essential for our partners to keep their companies ahead of the competition. With an average 2018 closing time of 45 days, our team of commercial finance innovators has helped countless entrepreneurs finance mission-critical initiatives as quickly as possible for optimal return on investment.

Loan Types

At Avid Commercial, we know there’s no such thing as a one-size-fits-all (or even most) finance strategy. In 2018, we proudly offered our partners several loan models for a customized final solution that minimizes risks and drives overall profitability. This year, our funding options included:

  • SBA 504
  • SBA 7a
  • Conventional
  • Investor

Avid Commercial would like to thank you for a successful and growth-driven 2018. Our team of funding experts looks forward to new opportunities in 2019 to do what we do best: develop customized commercial finance solutions that help our customers expedite access to cash flow and keep their operations moving forward.

Yes, it’s Possible: Getting a Commercial Loan During COVID

The global pandemic has had a far-reaching impact on commercial lending across virtually every industry. Companies in multiple verticals are attempting to navigate through the continually evolving financial terrain, doing less with more to protect bottom lines and...

Is It Time To Consolidate Your Business Loans?

Small business owners often find themselves borrowing money to bridge a multitude of financial gaps, including: Cover temporary cash flow Fund corporate expansions Hire new employees Procure new equipment Some executives borrow as a short-term solution to build up...

Four Things to Consider When Purchasing A Commercial Investment Property

Commercial real estate can yield significant returns for landlords. However, like any other investment, there are certain risks involved when purchasing a business property. Knowing what to look for during the search process can help investors discern the opportunity...

Applying For a Business Loan? Avid Commercial Can Accelerate Your Company’s Access To Capital

Successfully running your business means having access to the cash reserves you need when you need them. Unfortunately, working with banks and traditional lenders can mean a long, drawn-out approval process. As a result, entrepreneurs across every industry often find...

Long-Term Loan Savings: What a .5% Interest Rate Decrease Could Save on the Life of Your Loan

Since 2015, U.S. interest rates have consistently increased, testing how (and if) the nation's economy could successful absorb each incremental raise. Apparently, we've officially reached our economic threshold; on July 31, 2019, the Federal Reserve cut America's...

You’ve Outgrown Your Commercial Property – Now What?

Most entrepreneurs launch their enterprises with visions of future growth. However, executives often don't have a tactical plan of how they'll accommodate the increase in employees, capital assets, and internal infrastructure when their operations do begin to expand....

Seven Best Practices to Build Your Business Credit

Establishing business credit can play a critical role in the health and longevity of your company. Some small- to mid-sized business owners assume that they can leverage their existing personal credit to make purchases for their organization. However, having a...

Borrowing Strategies To Fuel Your Corporate Operations

For business owners in every industry, securing funding right now can be tough. The financial challenges go beyond the current unpredictability of our economy and lukewarm market temperatures. Right now, many entrepreneurs are also struggling to navigate through...

Four Ways To Create A Dynamic Company Culture This Summer

Your company's corporate culture matters. A positive internal culture serves as a foundational cornerstone for an organization, setting the tone for employee morale, engagement, and productivity. Striking the right cultural chord with your staff may even impact your...

Power Fast Access to Capital with a SBA 7A Loan

Need to infuse your business with an influx of capital without pursuing a restrictive conventional bank loan? For many small businesses, an SBA 7A loan delivers an ideal corporate funding solution. Long-term, low-rate, and government approved, the SBA 7A program...