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Jerry Chautin
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SCORE volunteer business mentor, financing blogger, business columnist. Former 30-year career: entrepreneur, commercial mortgage banker, business lender, commercial real estate dealmaker.

Entries by Jerry Chautin

Real Estate Investing: Single Family Houses Versus Multifamily Rentals. Which Is Better?

(2) Comments | Posted October 11, 2014 | 5:26 PM

In my opinion, comparing the investment benefits derived from buying scattered single family homes and condominium units, versus multifamily rental properties is a no brainier. Purchasing single rental units is not the better option.

2014-10-12-Houseforsale.jpgSure, learning how to become a

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Less Hassle: You Can Borrow $5,000 to $350,000 Based Upon a New Credit-Scoring Model

(0) Comments | Posted July 1, 2014 | 10:34 PM

2014-07-01-MariaContrerasSweetfromSBAwebpage62714.JPGMaria Contreras-Sweet is in a hurry to shake things up in order to make financing more accessible for small-business owners. The former entrepreneur and banking executive had only begun her job as Administrator of the U.S. Small Business Administration...

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Equity Crowdfunding Is Set to Begin This Fall for Small Business Owners. Are You Ready to Snag $1 Million?

(8) Comments | Posted August 12, 2013 | 9:53 AM

The Atlanta Symphony Orchestra needs money to "Preserve The Atlanta Symphony Orchestra's Legacy," according to its Internet campaign on Kickstarter.com -- an online, donation crowdfunding portal.

More specifically, ASO's said to prospective backers, "Your donation will enable the ASO Archives to purchase technology necessary to...

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Veterans Day Recognizes Those Who Served America, but Will America Help Them Transition to Civilian Life?

(4) Comments | Posted November 12, 2012 | 9:41 AM

2012-11-09-ShiloHarriscroppedtitled11812.jpgStaff Sgt. Shilo Harris, a heroic squad leader was a wounded warrior during Operation Iraqi Freedom. He lost three fingers, both of his ears and suffered severe burns over 35 percent of his body doing his job to protect America,

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Financing Experts Posted Advice Online for Buying and Selling a Business or Franchise

(0) Comments | Posted October 31, 2012 | 2:09 PM

I attended a webinar a few weeks ago called "Best Practices in Buying and Selling a Business with a Focus on Financing." It explored the availability of transactional financing to buy or sell a small business. BoeFly.com, an online matchmaking site that pairs borrowers with lenders presented the...

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Crowd Funding Injects Up to $1 Million Cash Equity Into Your Business and Increases Your Borrowing Power

(1) Comments | Posted September 18, 2012 | 2:36 PM

In May, my HuffPost piece said that Kiki Karpus donates small amounts of money to start-up and emerging businesses that she admires. You may recall that the art director and graphic designer is one of many well-educated, young professionals are part of a burgeoning phenomenon called "crowd funding."...

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Franchising Is Safer for Lenders and Entrepreneurs When They Use the Right Tools to Make Better Choices

(3) Comments | Posted July 18, 2012 | 10:40 AM

I financed several start-up restaurants when I was in the commercial mortgage banking business. All of the non-franchised restaurants failed within the first two years. So I studied the restaurant failures to better understand what it takes to underwrite them successfully.

One restaurant failed after four months because

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SBA's New Rules Enable Its Small Loan Advantage Program to Reach Small-Business Owners Nationwide

(1) Comments | Posted June 6, 2012 | 1:00 PM

"SBA puts the kibosh on an important small business lending program," was the headline on my December 14, 2010 piece in The Huffington Post. That was when the U.S. Small Business Administration announced it was ending its Community Express program and hundreds of thousands of small-business...

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Crowdfunding, a Burgeoning Phenomenon to Raise Money for Some Enterprises and Nonprofits

(0) Comments | Posted May 17, 2012 | 2:55 PM

2012-05-17-KikiSmallforHP51712.jpgKiki Karpus invests in start-ups and emerging businesses -- well, sort of. Instead of choosing the companies based upon the likelihood of their success, Karpus' investment is not for financial compensation. Rather, she and other young professionals are part of a growing...

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Small-Business Lending Summit Features Obama Administration's Top Appointees, Elected Politicians and Industry Leaders

(3) Comments | Posted April 19, 2012 | 3:02 PM

How do you get three of the Obama administration's top appointed officials to speak at a day-long seminar? The answer is to tell them it is about job creation, small business and unlocking the availability of credit for businesses to form and expand -- all hot election year topics.

As...

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Don't Abolish SBA; Mills Says Her Agency Is Faster, Quicker, Better

(2) Comments | Posted April 11, 2012 | 5:58 PM

Once upon a time, the U.S. Small Business Administration made direct loans to socially and economically disadvantaged small-business people. The SBA's direct lending programs also targeted disabled veterans and others that politicians said deserved preferential treatment.

What's more, the agency required applicants to get turned down...

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Small Business Financing May Suffer From Obama's Proposed Budget and Political Wrangling

(2) Comments | Posted February 21, 2012 | 9:11 AM

2012-02-19-MikeRozmanheadshot21812.jpg Lenders are concerned that President Barack Obama's proposed 2013 budget and the political scuffling in Congress may leave the U.S. Small Business Administration and U.S. Department of Agriculture with inadequate loan-guarantee authority to satisfy...

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Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life

(4) Comments | Posted February 1, 2012 | 9:40 AM

Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals. In order hone their skills, an estimated 20,000 mortgage bankers, commercial real estate investors, banks and a potpourri of income-producing...

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Municipalities and States Pander for Jobs, Taxpayers Lose -- Again

(4) Comments | Posted January 18, 2012 | 1:42 PM

And the winner is -- Cornell University by a nose. But Stanford University was not far behind after bolting out of the gates along with seven others universities competing for the same prize. The prize is a 99-year lease and monetary incentives from New York City...

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Ideas, Inventions and Patents are Worthless Without Knowing Who Will Buy Your Product

(2) Comments | Posted December 21, 2011 | 3:35 PM

Suppose you are sitting in your backyard on a lazy summer afternoon watching baseball. You open a cold beer, press a button and a section of the wall of your house spins around turning your backyard into an amphitheater with a large-screen TV. In fact, the entire entertainment module that...

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HARP Is Harping on the Wrong Solution and Bilking Taxpayers

(10) Comments | Posted November 29, 2011 | 2:14 PM

Eighty-three Huffington Post readers responded and took me to task about "It's Homebuilding Stupid," an article that I wrote in September. I said that our economic recovery would be rocky until the construction and homebuilding industries substantially improve. Accordingly the government should stimulate those two sectors.

But...

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SBA is Making Lines of Credit More Available --- Maybe

(4) Comments | Posted November 11, 2011 | 2:10 PM

2011-11-08-Loanscropped11811.jpgLine of Credit (LOC) financing is more difficult for small-business owners to get than term loans. Small community banks often lack the expertise and staff to service them and large banks that make LOCs, eliminate all but their most creditworthy...

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Can Our Returning Warriors Survive in This Lousy Economy?

(2) Comments | Posted October 25, 2011 | 2:20 PM

"Our troops in Iraq will definitely be home for the holidays," President Barack Obama said on Friday. But what he did not tell us is whether they will find jobs or be added to the millions of unemployed, underemployed or part-timers seeking full-time jobs.

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Women Business Owners Get the Shaft, Again

(4) Comments | Posted September 27, 2011 | 9:20 AM

According to the U.S. Small Business Administration, "military and civilian purchases" total more than $425 billion a year of federal government spending. Of that amount, Congress mandates that 23 percent be set aside for small businesses. SBA is charged with overseeing this "goaling" program and does...

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It's Construction, Stupid! It's Home Building, Stupid!

(83) Comments | Posted September 5, 2011 | 6:06 PM

In Thursday's address to Congress, I want President Barack Obama to emphasize that fixing the home-building and construction industries is necessary to jump-start our lame economy. That is because, in my recollection, home building and construction have led us out of every recession since the 1960s, when I financed land...

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