Apply Now
Secure Doc Upload
Obsidian Financial Services, Inc. Logo


Blog Image: Business Loans for Poor or Limited Credit

Business Loans for Poor or Limited Credit

Small-business owners are the bread and butter of the American economy, but the responsibility doesn’t come easy. Bad credit business loans can help owners out of a jam when they need it most. The cash obtained from a bad credit business loan can kick-start your business’s growth and help get your finances back on track.   There are many reasons why a company or business owner has less-than-stellar credit, but the outcome is still the same: It’s harder to get approved for traditional small business funding. Fortunately, lenders like Lonestarlending.net, can wo...

October 28th, 2020 | Bad Credit Business Loans , Business Loans for Poor or Limited Credit

Blog Image: Risk of foreclosure increase in specific markets

Risk of foreclosure increase in specific markets

Americans could face as many as 1.4 million foreclosures if homeowners remain unable to make their mortgage payments. That is according to a recent report from Realtor.com. As was reported earlier this week, the number of FHA loans in forbearance remains higher than the share for portfolio loans and private-label securities (and, based on said report, those also are increasing at a higher rate). Realtor.com points out that FHA loans generally are given to first-time, minority, and lower-income homeowners. Thus, those groups are most in danger of losing their homes to foreclos...

October 5th, 2020 Risk of foreclosure increase in specific markets

Blog Image:  Transactional Funding

Transactional Funding

Transactional funding is short-term funding, also known as same-day funds or flash funding, frequently used to finance business transactions such as real estate short sales. These types of real estate transactions frequently involve a non-assignable contract held by the bank. As a result, before a property can be sold to a prospective buyer, the bank's security interest in the real property must first be satisfied. The prospective buyer then can participate in a second transaction to purchase the property. Generally, these two transactions are performed as double or simultaneous closings. ...

October 3rd, 2020 | Transactional Funding , Transactional Funding

Blog Image: Debt-Service Coverage Ratio (DSCR) Explained

Debt-Service Coverage Ratio (DSCR) Explained

What Is the Debt-Service Coverage Ratio (DSCR)? The debt-service coverage ratio applies to corporate, government, and personal finance. In the context of corporate finance, the debt-service coverage ratio (DSCR) is a measurement of a firm's available cash flow to pay current debt obligations. The DSCR shows investors whether a company has enough income to pay its debts. In the context of government finance, the DSCR is the amount of export earnings needed by a country to meet annual interest and principal payments on its external debt. In the context of personal fina...

October 1st, 2020 | (DSCR) Investor Loans , Debt-Service Coverage Ratio (DSCR) Explained