» Banking and Financial

Simplifying Business Purpose Loans

January 12th, 2016

I have been representing private money lenders for the better part of five years now. One of the most frequently asked question I get is whether or not private money loans are considered business or commercial loans. If private money loans are bu…

Categories: Banking and Financial, Real Estate

Tags: Business Purpose, Regulation X, Regulation Z, RESPA, TILA

FAQs

Why is disclosure important when small businesses raise capital?

Remember that the reason for disclosures is to enable investors to make decisions based on all the relevant information needed to assess risk and reward. All publicly owned companies must make deta…

What is a Guaranteed Payment?

A guaranteed payment is a specific term in the Internal Revenue Code, which is defined as payments to a partner (in a partnership) or a member (in a limited liability company) in his or her partner…

See all FAQs

» Banking and Financial

Simplifying Business Purpose Loans

Practice Areas

For More Information

Bjornson Jones Mungas, PLLC voted Best Law Firms by U.S. News and Best Lawyers from 2014-2016. Peer Review Rated AV by Martindale-Hubbell

FAQs

Representative Clients

Contact Us