Ask the professional: Alternative Banking - Ahwatukee Foothills News: Business

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Ask the professional: Alternative Banking

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, March 4, 2014 5:00 am

How has the economy affected bank lending?

In today’s economic environment that is still recovering receiving a loan from a bank is more difficult to than ever. A new segment of the population is experiencing difficulty in obtaining capital. Not just the poor and lower middle class but now the middle and upper classes are being affected. Interest rates are at historic lows, which would seem to benefit everyone, yet it seems to only help about 1-2% of the population. Even if institutions would entertain lending, many people have assets that a bank would not use as collateral or want to buy. Banks do not understand a Warhol, Crystal, Silver, Gold, collectibles or even cars and a vacant land lot but there is considerable value in these assets.

What does Biltmore Loan offer?

From Jaguars to jewelry and everything in between, we can purchase or loan on gold, silver, jewelry, timepieces, art, antiques, collectibles and designer handbags. Biltmore Loan also offers titles on vehicles, RV’s, ATV’s, boats and motorcycles, bridge and real estate loans. We strive to determine what is best for you in a prompt and efficient manner, advising you on your options on whether to sell the asset or acquire a loan. With a location in Chandler and Scottsdale, we offer private and confidential meetings to appraise your assets.

Will the loan be reported to the credit bureau?

Because the loan is a collateral loan, this loan will not appear on your credit regardless of whether or not the loan is repaid. Our loans are confidential and we do not check credit scores or report late payments to credit agencies. As an alternative banking company, there are no bars on the windows and you can walk in with dignity and get an expert opinion. We are here to help provide a solution to your financial problems and help make a decision that will benefit you the most.



  • Discuss

F-35 from Arizona base catches fire during engine start

GLENDALE, Ariz. — Authorities say an F-35A fighter jet from Arizona caught fire during an engine start at an Air Force Base in Idaho. Official…

Published: September 24, 2016 - 2:33 am @ http://www.stripes.com/f-35-from-arizona-base-catc…

Man forced by Phoenix police officers to eat marijuana talks to ABC15

PHOENIX - The man who says Phoenix police officers forced him to swallow a gram of marijuana to avoid jail time says he knew as events were un…

Published: September 24, 2016 - 1:03 am @ http://www.abc15.com/news/region-phoenix-metro/cen…

What’s new in robotics this week: British Standards Institute releases guidelines for ethical robot design

by Emmet Cole, Robotiq Inc. News September 23, 2016 Ethics guidelines for robots; $1m grant for cobot research; Lyft fleet to be autonomous in…

Published: September 23, 2016 - 11:02 pm @ http://robohub.org/whats-new-in-robotics-this-week…

Police group backs Trump, but these cops sure don't

Anthony Miranda, executive chairman of the National Latino Peace Officers Association, seemed a little bewildered last Friday when I told him …

Published: September 23, 2016 - 10:29 pm @ http://www.motherjones.com/politics/2016/09/frater…

Cincinnati Enquirer bucks tradition, endorses Democrat Clinton

The Cincinnati Enquirer, which by its own admission has backed Republican candidates for president “for almost a century,” is endorsing Hillar…

Published: September 23, 2016 - 9:29 pm @ http://www.politico.com/story/2016/09/cincinnati-e…

Healthcare prices soaring, becoming campaign issue in AZ

The battle over the Affordable Care Act plays out on TV screens across Arizona every day.  Sen. John McCain's advertisements blast opponent Re…

Published: September 23, 2016 - 9:01 pm @ http://www.abc15.com/money/healthcare-prices-soari…

His brother was murdered for wearing a turban after 9/11. Last week, he spoke to the killer.

On September 15, at sunset in Arizona, a crowd gathered at the corner of a Chevron gas station called the Mesa Star. Like every year since 200…

Published: September 23, 2016 - 8:56 pm @ http://www.pri.org/stories/2016-09-23/his-brother-…

What Are the Driest Areas of Your Skin?

Driest parts of my skin? Oy! I don’t even know where to start. On my face, usually my cheeks, and this is consistent all year ’round, even sum…

Published: September 23, 2016 - 7:59 pm @ http://www.makeupandbeautyblog.com/just-for-fun/wh…

Standing Rock Stakes Claim for Sovereignty: Eyewitness Report From North Dakota

Mainstream media would have most of us believe that the current struggle at Standing Rock, North Dakota is all about clean water – that its on…

Published: September 23, 2016 - 8:00 pm @ http://www.counterpunch.org/2016/09/23/standing-ro…


Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…