Key Differences between Commercial Loans and Residential Loans

Knowing the differences between commercial loans and residential loans will help you to understand the lengthy process when applying for a commercial loan.

Most consumers think that the process to apply for a residential loan is fairly in-depth and thorough. But if they were ever to apply for a commercial loan they would begin to look more favorably on the residential loan application and approval process. Because of the larger sum of money involved and the greater risk and volatility in the commercial real estate market, commercial loans and the application process can be very intense.

When a consumer applies for a mortgage, the lenders first concern is their income and its stability as well as their debt load. Consumer’s debt should be no more than 45% of their income. But commercial lenders are more interested in the ability of the property to generate income to pay the loan. This is called a Debt Coverage Ratio and lenders prefer to see the ratio at 1:1.25 at the least. This means that the income to cover the loan payments is relatively secure.

A down payment on a home is somewhat negotiable and in some cases is very, very small. But due to the increased risk associated with commercial loans, these down payments are normally 20%. This gives the lender the added security of knowing that the property is valued at 20% more than the initial loan amount. Even in the event that the borrower defaults early in the loan, chances are good that the property is still valued at the full payoff on the loan.

Time Is Critical for Commercial Loans

A normal residential mortgage loan can range from 15 years to 30 and some even stretch as far as 40 years. But a commercial mortgage loan rarely exceeds 10 years. This is because lenders want to decrease the risk of the loan by getting their money back faster. In addition, consumers can pay a mortgage loan off early and save some of the interest that they would have paid over the term of the loan. This is not the case for a commercial mortgage. And in fact, there can be penalties which must be paid called prepayment penalties. In more cases the penalty decreases the further into the loan you progress. But the lender wants to be sure that they make their desired profit, or earning, on each commercial loan they write.

Not Really Even Similar

A consumer mortgage and a commercial property loan are only similar in the fact that it is a loan to purchase property. The dollar amount of most commercial loans is substantially larger than the average home loan. In addition, commercial real estate values are very volatile and can change drastically and very quickly. This is an added risk for the lender. Due to these increased risks, lenders are much more particular about the loan applications which they approve and the terms for which they will offer the loan. Having a good understanding of the lenders approval criteria can save a borrower a great deal of time in completing lengthy commercial loan applications if they don’t meet the lenders criteria.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Do You Need Your Products Refrigerated at a Fulfillment Center?

Fulfillment Center

You know as a business owner that it can be very difficult to find even a smidgen of extra time. You are often running around doing a million things in order make sure your business is running smoothly. You don’t really have time to figure out how to deal with packing and shipping to a zillion customers. That’s when Best West Direct comes in.

Best West Direct Fulfillment Service Center is located in Phoenix, AZ and has been in business ensuring quality control for customer products since 1985. No matter what your product happens to be, we can ship it anywhere and we can ship it properly! 

Don’t worry though, we also know that things can change in a moment’s notice. Don’t let this stress you out because with Best West Direct Fulfillment Center, you never need a long-term contract with us. You can stop using Best West Direct Fulfillment Service Center at any time without even giving us a reason.

However, we know that as a company grows, the order volume will, hopefully, multiply. Don’t worry, Best West Direct will grow with you. Our Best West Direct staff can handle the demand and support the client’s growth no matter how big you get!

Know that when you use Best West Direct, you will receive the utmost support for your products and shipping needs with the following services: 

Inventory Storage – Once the clients, manufacturers or, vendors ship client orders directly to the receiving division of the centrally located Phoenix fulfillment center, items will be put into the inventory that will be kept up to date online for clients before being placed in the appropriate bins for easy access when orders arrive.

Inventory Cold Storage – Here at Best West Direct, we know that temperature plays an essential role in the shelf life of products that require refrigerator or freezer space, so they will be handled with care as Best West Direct follows a very strict and proven procedure for all cold items. Clients will not suffer loss of these products while they are in the possession of Best West Direct or the shippers.

Easy Ecommerce Fulfillment Connection – The client’s website is linked with the order fulfillment software at the Arizona distribution center. The Best West Direct logo will not be visible to customers, and all packing slips will carry the client’s contact information.

Inbound Phone Call Services – Best West Direct also offers a direct response service for customer calls. Customers will call the client’s toll-free number and reach the customer service representatives at the Arizona fulfillment center of Best West Direct. All calls are always answered using the appropriate client’s name. Never Best West Direct.

Your Satisfaction is 100% Guaranteed – Every customer order will be correctly filled, packed efficiently, and shipped within the given timeframe. The prices quoted to the client for Best West Direct’s services will be the actual price that is charged. Best West Direct stands behind these commitments- and has for over twenty-five years. If anything goes awry, we will make it right for the client and for the end customer. We strive to keep you and your customers happy and to help your business grow when we become your fulfillment service center.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Pick and Pack Fulfillment and How It Can Change Your Business

Fulfillment Center

You know as a business owner that it can be very difficult to find even a smidgen of extra time. You are often running around doing a million things in order make sure your business is running smoothly. You don’t really have time to figure out how to deal with packing and shipping to a zillion customers. That’s when Best West Direct comes in.

Best West Direct Fulfillment Service Center is located in Phoenix, AZ and has been in business ensuring quality control for customer products since 1985. No matter what your product happens to be, we can ship it anywhere and we can ship it properly! 

Don’t worry though, we also know that things can change in a moment’s notice. Don’t let this stress you out because with Best West Direct Fulfillment Center, you never need a long-term contract with us. You can stop using Best West Direct Fulfillment Service Center at any time without even giving us a reason.

However, we know that as a company grows, the order volume will, hopefully, multiply. Don’t worry, Best West Direct will grow with you. Our Best West Direct staff can handle the demand and support the client’s growth no matter how big you get!

Know that when you use Best West Direct, you will receive the utmost support for your products and shipping needs with the following services: 

Inventory Storage – Once the clients, manufacturers or, vendors ship client orders directly to the receiving division of the centrally located Phoenix fulfillment center, items will be put into the inventory that will be kept up to date online for clients before being placed in the appropriate bins for easy access when orders arrive.

Inventory Cold Storage – Here at Best West Direct, we know that temperature plays an essential role in the shelf life of products that require refrigerator or freezer space, so they will be handled with care as Best West Direct follows a very strict and proven procedure for all cold items. Clients will not suffer loss of these products while they are in the possession of Best West Direct or the shippers.

Easy Ecommerce Fulfillment Connection – The client’s website is linked with the order fulfillment software at the Arizona distribution center. The Best West Direct logo will not be visible to customers, and all packing slips will carry the client’s contact information.

Inbound Phone Call Services – Best West Direct also offers a direct response service for customer calls. Customers will call the client’s toll-free number and reach the customer service representatives at the Arizona fulfillment center of Best West Direct. All calls are always answered using the appropriate client’s name. Never Best West Direct.

Your Satisfaction is 100% Guaranteed – Every customer order will be correctly filled, packed efficiently, and shipped within the given timeframe. The prices quoted to the client for Best West Direct’s services will be the actual price that is charged. Best West Direct stands behind these commitments- and has for over twenty-five years. If anything goes awry, we will make it right for the client and for the end customer. We strive to keep you and your customers happy and to help your business grow when we become your fulfillment service center.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

How is a Fulfillment Service Center like a company partner?

Fulfillment Center

Best West Direct Fulfillment Service Centers is happy to say that they ensure you that quality on every level is the main heart of our business. We strive to make our customers (and your customers) happy. Know that when you partner with us we are trying our best to keep things at peak quality. We pride ourselves on staying ahead of the game, anticipating what our clients need and picking, packing, and shipping in a timely and efficient manner.

At Best West Direct’s Phoenix fulfillment Center, we have an ample amount of shelf space in a temperature-controlled centrally located Arizona warehouse fulfillment center. You will never have to worry that your product isn’t in the utmost care- we always make sure it is. Our quality controlled inventory also ensures that every product is accounted for from the time it arrives at our Phoenix facility until it arrives to the customer who bought it, wherever they happen to be. Our Best West Direct warehouse personnel are trained to handle every product with appropriate care. We guarantee you and your customer’s satisfaction. We like to offer you a little peace of mind.

We also are pleased to offer a variety of amenities for clients, such as up-to-date Inventory and order status and experienced teams to expedite orders or even help with inbound shipping deals, smart packaging, and smart shipping. We understand that the client’s needs will give us an idea of what we should offer them. As the client’s business grows, we can revisit and adjust what is needed –or not needed- to ensure continued success.

Our fantastic fulfillment service center’s concern and commitment to your business is what makes us different from the other fulfillment service centers. We can even offer you services outside of picking, packing, and shipping. We think the client comes first, and we like to help you out with every aspect of your business. Clients may also be interested in specialty services such as:

• Return processing, which includes inventory management

• Kitting and assembly

• Digital product photography

• Mail services

• Custom I.T. projects

• Professional photographs for products

Whatever it is, Best West Direct’s Phoenix Fulfillment Service Center wants to make sure you succeed. Let us join you on the journey you take to grow your business.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

How to Choose a Fulfillment Service Center

fulfillment service

You may not even realize that your business needs a fulfillment service center, but you will be so surprised when you see how easy it is and how much it can help your business.

Best West Direct is a fulfillment service center that offers to do all the picking, packing, and shipping of your product to ensure not only quality control, but also the efficient delivery of your product. This means you have more time to do what you need to do for your business and we make sure your clients stay happy.

Our Best West Direct fulfillment centers can shorten the delivery time of your product and that means that you will have much happier customers as you exceed their expectations and that means they’ll be repeat customers, which means only one thing for you: money. Well, maybe two things; money and success.

Additionally, Best West Direct offers a combination of services that can be part of a package offered to businesses in order to fulfill a customer’s shipping orders such as:

• Up-to-the-minute inventory updates so you always know what’s available
• Customized packing lists for every individual order
• Email order confirmations for clients and/or customers
• Reports concerning inventory, orders and shipped items
• No order volume minimums
• No hidden fees
• No long-term contract (Really!  You can cancel at any time for any reason.)

At Best West Direct’s Phoenix fulfillment center, we have ample shelf space in a temperature-controlled and secure centrally located Arizona warehouse fulfillment center. We understand that having inventory-control ensures that every product is of the utmost quality and accounted for from the time it arrives at our facility until it arrives to the customer who bought it. Warehouse personnel are trained to handle every product with appropriate care.

Moreover, we know that the client’s needs dictate what they need from us at Best West Direct Fulfillment Center. We understand that as our client’s business grows, their needs will definitely change. So we have services that can be adjusted to ensure their continued success.

However, we know that simply shipping a package isn’t how you make repeat customers. People like to know you’re there for them, that’s why we also make sure to have fantastic customer service as well. With Best West Direct, we can make it easier for you to provide an experienced team of customer support personnel that is available for any questions a client might have from product to shipping to website. Whether it’s over the phone or via email, questions are always answered in your name and all issues are tracked with a ticket system to ensure details are addressed.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Does My Company Need to Hire a Fulfillment Company?

fulfillment service

You may not realize this but hiring a fulfillment company is one of the best (and easiest) things a business can do. It can be the necessary missing element between a floundering company and a successful one.

Why hire a fulfillment company? Hire a fulfillment company because it means that you get the benefit of their knowledge, expertise, and assistance as they provide you and your company with some better and more efficient new ways of building your business in a steady way. It could be that your current shipping methods aren’t working as well as you would like. You don’t have to stress about it! A fulfillment company will let you be more innovative and efficient when it comes to getting things done. We are the better way to do something.

Another perk about hiring a fulfillment company? We will save you extra money. We know that’s music to anybody’s ears. You can choose a fulfillment company that is trustworthy and won’t produce any hidden fees or costs. They will treat you the same way they treat your customers –with respect. Moreover, fulfillment companies don’t require long-term contracts, so you can use them only when you need them! There’s absolutely no obligation to use them consistently, but you may want to when you see how great a fulfillment company can be when you need help with timely shipping.

When Should You Begin to Think About Hiring a Fulfillment Company?

As a business owner, you know you have a lot to think about; unexpected expenses, shipping, products costs, and that can make it difficult to make decisions about your company, especially financially. You might find yourself asking if you should outsource the shipping of your product or if you should ship it yourself. You have to know the cost associated with each option and just when you will get the money you deserve.

It really does makes sense to outsource and hire a fulfillment company if, as an entrepreneur, you have more money than time when it comes to running your company. A fulfillment company can help you at a faster rate and they can make sure you get your products out in a timely manner that will please your customer. And that’s what it’s about, right? Pleasing the customer so they return and you make money.

If you are interested in using a fulfillment company, then you will need to do some research to find the service company that best suits the needs of your business. Find a fulfillment center that you trust, can do the job correctly, treat you –and your clients- properly, and sufficiently fulfill your orders.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Why You Need Ecommerce for Your Business

fulfillment service

What should you know about Ecommerce?

It all starts with the API, or Application Program Interface, an exclusive private computer program that was developed by Best West Direct to handle the ecommerce fulfillment of customer orders and requests. This API was actually developed exclusively for Best West Direct to quickly and efficiently process the ecommerce orders and crunch all those numbers and emails. In other words, it is a huge time-saver for you. (AKA, something you desperately need.)

But What Does This API Do? 

In short, the API makes running your business’s fulfillment a whole lot easier. Did we mention you save time? First, the API syncs with your shopping cart on your website to process your customers’ orders. Once that’s done, completed sales or orders on your site are picked up by the API where a packaging slip, shipping label, and pack and pick instructions are generated. Best West Direct then gathers your products and ships your order. It’s that easy. Once completed, the customer is sent an email that the items have shipped along with a tracking number so that they can follow the package as it makes its way to a happy customer. We then also take great care to ensure that the inventory is kept updated in order to manage your products and upload the tracking information to your website. The API also allows Best West Direct to speak to your customer, either by phone, email or fax if needed, and manually input the orders into the system. How simple is that?

We know what we’re doing. We’ve been around since 1985. Best West Direct has a great history of supporting the order fulfillment service needs of businesses of all sizes. We are positive that outsourcing inventory management and packing and shipping processes can help save a lot of money as you try to support your growing company. Additionally, your customers will remain unaware that their order has been forwarded from the client’s website to the Phoenix fulfillment center for processing because the system is so incredibly seamless. As a company grows, we know your order volume will increase and the Best West Direct staff can handle the demand and support the client’s growth. Additional services are even available for clients with changing needs so you always have a helping hand if you need it.

When using Best West Direct, clients will receive the utmost support for their products and shipping needs with the following services:

Inventory Storage: Our vendors and manufacturers ship client product orders directly to the receiving division of the Phoenix fulfillment center. These items will be counted and placed in the appropriate bins for easy access when orders arrive. We also make sure to file online reports in order to provide up-to-date information concerning the quantity of each item in the inventory.

Inventory Cold Storage: Some products may require refrigeration or freezer space and that’s okay! Products that do require refrigerator or freezer space will be handled with the utmost care- we make sure of it.  We also know that temperature plays an essential role in the shelf life of products, and Best West Direct follows proven procedures for all cold items. Clients will not suffer loss of these products while they are in the possession of Best West Direct or the shippers.

Easy eCommerce Connection: – The client’s website basket is linked with the order fulfillment software at the Arizona distribution center. This connection is provided as part of the contract. However, please note that your customers will not see the Best West Direct logo at all. Additionally, all packages and packing slips will carry the client’s contact information.

Inbound Phone Call Services – Clients who have questions always talk to the direct response services offered by Best West Direct for their call handling needs. Customers will call the client’s toll-free number and reach the customer service representatives at the Best West Direct Arizona fulfillment center. All calls are answered using the appropriate client’s name. They will never know it’s us.

100% Satisfaction Guarantee – Every customer order will be filled correctly, packed well and shipped within the promised timeframe. The prices quoted to the client for Best West Direct’s services will be the actual price that is charged. Best West Direct stands behind these commitments. If anything goes awry, we will make it right for the client and for the end customer.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Why Inventory Storage is Great for Business

fulfillment service

You might find that for your business, hiring a fulfillment company is the right way to go about your packing and shipping needs.

It makes sense. Fulfillment companies can be your helper bee; assisting you in all sorts of ways to make your packing and shipping more efficient, which means happier customers, which means more customers, and that’s something that can make everyone happy.

Maybe what you’re doing right now isn’t working out so well for your company. Maybe it’s time to be more efficient. A fulfillment company may be the answer you are looking for when it comes to getting things done better for your company.

Moreover, and maybe the best part, fulfillment companies are able to save you a lot of extra money. How? Their services don’t have any hidden fees for you to find later. We care about our customers, so we wouldn’t dare to put you in that position where you might feel unappreciated.

Another positive thing to consider is that fulfillment companies don’t require any long-term contracts. We know it’s a relief to know you can leave when you want and how you want. No hassle.

But how do you know when to hire a fulfillment company?

Let us break it down for you. We know that as an entrepreneur, you have a lot on your place, which can make it difficult to make decision that will directly affect you business in a positive or negative way. Of course, one of these decisions an entrepreneur would have to make is whether they should outsource shipping and packing or do it themselves. You have to figure the costs that come with each option and where you are going to get more for your money. What are the costs associated with each option?

When it comes down to it, we are adamant that it really does make financial sense to outsource your packing and shipping needs and hire a fulfillment company - especially if you have more money than time when it comes down to things. A fulfillment company can help you at a faster rate and they can make sure you get your products out on time that the customer expects.

If you are interested in using a fulfillment company, then you will need to do some research to find the service company that best suits your needs.

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Fulfillment Companies are the Future of Your Growing Business

As a business owner, you know that you can spend a good time stressing about whether your company will grow- and when it does grow- just what you’re going to do to make sure it stays growing. It can be daunting, for sure, but understand that there are ways to help your business excel. One of those ways is with a fulfillment service center, which can help you cut costs and up accuracy.

Fulfillment Companies: The Wave of the Future?

Fulfillment service centers allow their client companies the ability to grow their businesses without paying for the resources they will need to manage this ever-growing company.  The fulfillment service center takes initiative to help you grow your business efficiently, working in tandem with your company to keep track of inventory, logistics and mail order fulfillment necessities.

Making The Change To A Fulfillment Service Center

Fulfillment providers enter into partnerships with their clients on a contractual basis. The terms of each agreement vary from business to business, but the agreement will surely match their growth agenda while at the same time leaving room for flexibility of payment schedules. Most fulfillment service companies will provide partnership information on their website.

You might be skeptic that you won’t be able to monitor your ever-growing inventory if you happen to outsource your picking and packing needs. However, you don’t have to worry anymore. When using a fulfillment service center, business owners can monitor their inventory at all times, and even check up to the minute information about product processing and shipment.

You also won’t have to worry about the changing temperatures. The fulfillment service center makes sure that the storage facilities heats, cools and lights their warehouses. Additionally, the fulfillment service center provides transportation and packaging materials. These fulfillment service centers are constantly focused on making sure that your business is getting what it needs when it needs it and that your clients are kept happy so that you are kept happy. You won’t have to worry about a thing.

Fulfillment Service Company

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611

Take Your Business To the Next Level with a Fulfillment Service Center

If your business is growing and expanding, that probably means you might be getting a little worried about how you are going to keep control of your inventory. Instead of panicking, celebrate your growing business! And begin to research fulfillment service centers that can keep your inventory and picking, packing, and shipping needs under control. As your customer base is expanding, you will need to consider what it would be like if you did this all alone. Here’s a hint: it wouldn’t be easy. That’s why a fulfillment service center is something you should take into consideration if you want to continue to grow your company.

But What Can a Fulfillment Service Center Do For Your Business?

Outsourcing your picking, packing, and shipping needs to a fulfillment service center means that your business can grow without you having to worry about new hires, customer service, or expanding your warehouse space. You get the freedom you want to focus the front-end development of your business.

You might be skeptic that you won’t be able to monitor your ever-growing inventory if you happen to outsource your picking and packing needs. However, you don’t have to worry anymore. When using a fulfillment service center, business owners can monitor their inventory at all times, and even check up to the minute information about product processing and shipment.

You also won’t have to worry about the changing temperatures. The fulfillment service center makes sure that the storage facilities heats, cools and lights their warehouses. Additionally, the fulfillment service center provides transportation and packaging materials. These fulfillment service centers are constantly focused on making sure that your business is getting what it needs when it needs it and that your clients are kept happy so that you are kept happy. You won’t have to worry about a thing.

Fulfillment Service Company

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

The New Modern Fulfillment Service Center and How it Can Help Your Business

A fulfillment service center is an amazing way to get your business kicked into high gear. With the help of a fulfillment service center, you can the best care when it comes to picking, packing, and shipping as well as allowing you to maximize your own productivity, which is much better use of your time as a business owner. 

Modern fulfillment service centers are always under the greatest care, which means

fulfillment service

that you are always getting the best care- and so are your clients. Most fulfillment service centers have logistics management experts who have years of experience trying to find new and better ways to make sure logistics and order completion come off without a hitch whenever possible. This is great news for you and your clients.

By outsourcing your picking, packing, and shipping and customer service to a fulfillment service center, you and your customers gain the advantage of a giant company with years in the business. You are now as highly experienced at logistics management as the professionals on the fulfillment service center’s staff and all without having to pay the high salaries and benefits that experienced professionals demand.

FULFILLMENT SERVICE WAREHOUSING 

Fulfillment companies maintain clean, brightly lit, and climate controlled facilities. This means that they can easily house any type of product from clothing to food to furniture and more. And you never have to worry about its condition. It will always arrive as it was described in the product description when the customer ordered it.

Moreover, the fulfillment center's staff is carefully screened and only the best candidates based on prior work experience and attention to detail. Employees then receive extensive and continual training. 

THE SHIPMENT AND DELIVERY 

Once the package your customer ordered is prepared for shipment, it is assigned a

Fulfillment Warehouse

tracking number that's subsequently supplied to both the business and the customer, so that both can monitor its rate of progress through the shipping process. The package never has the fulfillment service center’s information on it. It always has the logo and business address of the client business, making the fulfillment service center merely an invisible hand helping out a great business.

Fulfillment Service Company

Best West Direct
Fulfillment Service Center
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com