Major Banking Institutions are ceasing loan programs.

thechatch

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Southerndawg

We’re not in a recession and commercial borrowers aren’t at risk of default. Bidenomics, spend the country into oblivion causing red hot inflation and a crashing stock market with no negative consequences. Is there anything it can’t do?

WestlinnDuck

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Commercial real estate took it in the ass with the chicom crud lockdowns and people working from home. Part of this is that commercial real estate ain't coming back next week or next year with the dems in charge. You want a commercial building in Portland's central core? Have at it, you can self-finance it.

WestlinnDuck

When catch and release occurs, it isn't a policing problem, its a voter problem.

UW_Doog_Bot

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

thechatch

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

Businesses without a ton of existing capital who are nevertheless in a growth phase, looking to expand organically or execute M&As.

Blu82

Historically, interest rates below 7% are a bargain.
We just became accustomed to artificially low rates. Now, we pay the price for it.

thechatch

It doesn’t matter what IRs are when the banks turn the faucet off.

Will be very interesting to see how this affects residential RE.

Commercial RE is about to get the hard stop. This is the major institutions, guys. BofA, Wells, JPMC….it’s a huge fucking deal.

Pitchfork51

Rates should be based on level of privilege say 15 percent for straight white males

RaceBannon

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

MikeDamone

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

WestlinnDuck

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

But some companies are excellent at all the above, and are screwed because their long-term assumptions were based on existing reality. Then along came the dementia patient and a doubling of their energy costs was way outside their planning, budgeting and prioritizing. Hopefully, those people were democrats.

RaceBannon

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

I know you're being sarcastic but we have to put out millions on the come and wait

Construction is a time lag business. You don't play you don't win

MikeDamone

RaceBannon said:

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

I know you're being sarcastic but we have to put out millions on the come and wait

Construction is a time lag business. You don't play you don't win

Even think about playing the don't come line? That's what I thought.

MikeDamone

WestlinnDuck said:

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

But some companies are excellent at all the above, and are screwed because their long-term assumptions were based on existing reality. Then along came the dementia patient and a doubling of their energy costs was way outside their planning, budgeting and prioritizing. Hopefully, those people were democrats.

You sound like quite the victim.

RaceBannon

MikeDamone said:

RaceBannon said:

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

I know you're being sarcastic but we have to put out millions on the come and wait

Construction is a time lag business. You don't play you don't win

Even think about playing the don't come line? That's what I thought.

I covered that

WestlinnDuck

MikeDamone said:

WestlinnDuck said:

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

But some companies are excellent at all the above, and are screwed because their long-term assumptions were based on existing reality. Then along came the dementia patient and a doubling of their energy costs was way outside their planning, budgeting and prioritizing. Hopefully, those people were democrats.

You sound like quite the victim.

Sorry, Damone, there are a lot of victims of leftard/commie oppression. You agree? Like our children? Just say Yes or No or Mello.

MikeDamone

WestlinnDuck said:

MikeDamone said:

WestlinnDuck said:

MikeDamone said:

RaceBannon said:

UW_Doog_Bot said:

thechatch said:

The buzz in commercial banking is that they will be instituting a moratorium on all commercial lending.

First time since 08.

But we aren’t in a recession.

Who is going to want a commercial loan with rates rising anyways?

In construction you need loans to cover the float between billing and payments. As a sub we are the bank so we need a bank

08 credit crunch hurt. Rising rates hurt but not as bad as no money


Or

Why starving your business of cash is actually good for you

MSN

It’s actually helpful because you get better at planning, budgeting and prioritizing.

But some companies are excellent at all the above, and are screwed because their long-term assumptions were based on existing reality. Then along came the dementia patient and a doubling of their energy costs was way outside their planning, budgeting and prioritizing. Hopefully, those people were democrats.

You sound like quite the victim.

Sorry, Damone, there are a lot of victims of leftard/commie oppression. You agree? Like our children? Just say Yes or No or Mello.

I was being sarkastic. Are your knew to this place?

Goduckies

WestlinnDuck said:

When catch and release occurs, it isn't a policing problem, its a voter problem.

I was there this weekend and daw the aftermath, pure insanity

Goduckies

Blu82 said:

Historically, interest rates below 7% are a bargain.
We just became accustomed to artificially low rates. Now, we pay the price for it.

Yup, i remember when we went under 6.5% the first time at wells then 4%.... these low rates were unheard of.