Hello World

This is just a short post to introduce White Knight Commercial Funding to the world.

We are a small company located in North East Wisconsin, and pretty much intend to stay that way, growing instead by creating a network of partner brokers, lenders, investors, and businesses all centered on one thing: finding capital for businesses who can't get it from a bank.

We get inquiries daily; borrowers, brokers, and investors want to know how our deals work. it is my hope that by sharing actual loan scenarios and their resulting loan offerings that we can all learn what is possible, and what is par for the course, in the alternative financing world. We will disclose how we do things, what we charge, what investors charge. We will answer your questions to the best of our ability.

What we do is described in many ways. Some call it "hard money", we prefer "asset based lending", and it can take many forms. In many ways, it is not all that different from getting a loan from a bank. Investors expect to protect their investment by taking a lien on the collateral, they expect to be assured that you can pay them back, and they expect to make money.

One thing is for sure, this kind of financing has been around as long as businesses have, and as long as banks have been around, not financing them. It is experiencing a tremendous growth spurt right now, because, as we all know, banks right now, are in almost a complete paralysis. But businesses still need money, in many cases now more than ever, because the banks are not extending the working capital lines they used to. Even well established businesses are suffering from severe cash flow problems.

The numbers are staggering - In the last 90 days we have received over 250M in loan requests. We are certainly not anywhere near funding all the requests, but for a small, home based business in Wisconsin, it is an amazing thing to see unfold. There are good operators and bad operators out there. In our short lifespan we have already heard many horror stories about brokers who promise results, take retainers, and then never produce a loan. If you are a borrower, I will work on some tips on how to protect yourself, and I will share what I know in coming posts. Thank you for visiting.