Bob the Broker: When everyone's saying no be sure to go local

Bob the Broker: When everyone's saying no be sure to go local



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Ain't it strange how lenders have, what they tell us are, ‘set in stone credit rules’? When we run new deals by them, using local contacts as a sounding board and conduit to reach a more case-local manager, the local manager says:

“Sorry but trading businesses are our current flavour of preferred business, just not doing investment property right now, or in this particular case, a war chest facility.”

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