How do I find debt financing to fund a conservative real estate deal in Missouri?
It depends on how much money you need, but it sounds to me like you should talk to a small bank. Conservative, collateralized debt is the forte of many local and regional banks. These institutions are often relationship focused and the benefits of having a relationship with one can be important and long-lasting; such as having more rapid access to debt funding or lower interest rates. Also, don’t write off smaller banks due to the amount of capital you need or due to being out of the country. Even if a single small bank cannot provide the needed funds, you may be able to put together a consortium and these banks often have more international clientle than might be supposed. It also may be worth mentioning that many smaller banks took more conservative lending positions in the past and are in very good shape right now, being better capitalized and more willing to lend than some big institutions.
