Michael Noble’s Post

If you want to understand the fate of DOE's loan office in this anxious period between administrations, this is the feature for you. Wonderfully sourced and written, with incisive quotes and takes on where we all stand in the clean energy market today, with an insider's view on tomorrow. Great job, Maeve Allsup! https://lnkd.in/eNYivpTY

Smart ways to get boilers on finance without falling into high-interest loans When it’s time to replace your boiler, the cost can be daunting. Boilers are a significant investment, and without the right financial strategy, you might find yourself tangled in high-interest loans that could cost you more in the long run. However, there are smart ways to finance your boiler that …Read More » https://lnkd.in/gvWDFVZp #BoilerFinance #BoilerReplacement #SaveMoneyOnBoilers #FinancialPlanning #HomeImprovement #EnergyEfficiency #BeatTheHighStreet #FinancialTips

These are the 5 metrics you need to know when buying a commercial property: 1. Net Operating Income (NOI) NOI = Rental Income - Operating Expenses This is your gross profit, excluding monthly payments on your loan and taxes. 2. Cap Rate Cap Rate = NOI / Purchase Value A higher number means a cheaper property related to the income it generates while a lower number means the property is more expensive. You can also use it to assess a property’s potential value: Value = NOI / Cap Rate 3. Cash on Cash Return CoC Return = Pre-Tax Cash Flow / Cash Invested A better metric of how “productive” your cash is. This demonstrates that, a cap rate higher than your debt’s interest rate rate boosts your returns, encouraging you to take additional debt. 4. Debt Service Coverage Ratio (DSCR) DSCR = NOI / Debt Service A number above 1 means that your pre-tax cash flow is sufficient to cover debt service, while below 1 means that you won’t be able to cover that debt cost. Aim for at least 1.25. 5. Internal Rate of Return (IRR) The IRR is the discount rate that would make the NPV of all cash flows worth 0. It is a better measure of your investment’s profitability over time, as the value of money decreases in the long run. 6. In need of consulting for your commercial real estate project? Get a free, 30-min online session with me 👉 https://lnkd.in/gK7_uuPw Picture from Unsplash.

For loan originators, the most important paragraph comes at the end "Opportunity is Coming --- A decrease in interest rates tends to stimulate activity in the equipment finance sector, and more cuts are likely coming in the near future. Opportunity is coming. Don’t miss out." #LFG #equipmentfinance

PACE (Property Assessed Clean Energy) is a tax-efficient, super-senior way to finance property improvements Funding is attached to the property, not the owner. Obligations are not eliminated through bankruptcy, similarly to student loans or taxes. READ THE FULL ARTICLE ➔ https://bit.ly/3Xw0Qr2

Ohio Capital Sells $470 Mln in Bonds Columbus, Ohio, issued $469.8 million in bonds to finance various capital projects and refund previously issued securities. Across five series, the city sold $377.7 million in tax-exempt bonds and $92.1 million in tax-exempt bonds. The tax-exempt bonds mature between 2025 and 2044, yielding between 2.79% and 3.68%. The taxable bonds mature between 2025 and 2041,

It will be interesting to see what happens to the DoE loans program if we have a change of leadership in November. "The Energy Department’s loan office was created under President George W. Bush. Democratic administrations have infused it with funds and staffing since then, in hopes of fostering cleaner alternatives to fossil fuels." "In the Obama era, the office had a loan portfolio — estimated at the time at $34 billion — that’s been credited with helping drive a sharp drop in the costs of solar and wind power, as well as boosting a fledgling car company called Tesla." "Though its leaders say the lending decisions will necessarily take time to complete, some Democrats worry about what would happen to the program under Trump, who has railed against what he calls Biden’s “Green New Scam.” #energy #electricity #energytransition #energypolicy #energysecurity #infrastructure #inflationreductionact

Bridging finance and complex case expert Market Harborough Building Society has reduced its monthly short-term rates by up to 0.02%. The specialist lender’s bridging finance rates now start from: 0.62% variable* and 0.66% fixed* for up to 50% LTV 0.68% variable* and 0.72% fixed* for between 50.01% – 60% LTV 0.74% variable* and 0.78% fixed* for between 60.01% – 70% LTV *Rates are approximate with interest charged daily. This news comes after the award-winning lender announced last month that it had enhanced its short-term range, with products available for loans up to £5m and its maximum loan to value (LTV) extended to 70%. https://lnkd.in/evRUkNCP

How would you handle this request? Client wants to aggregate debt from five friends for a hard money loan on a real estate project. The friends don't know each other all that well, so the client doesn't want to aggregate it through an LLC that lends to the project. The client also wants the aggregate loan to sit in 2nd position behind a construction loan. How would you get all the money together, and keep it all in a 2nd position lien?

Have you considered investing in commercial property? Commercial property comes with some ongoing responsibilities beyond your initial financial commitment. For example, you’ll need to think about extras such as leasing, insurance, and building maintenance. Depending on the property, commercial lease terms could be five years or more. If you intend to rent, you’ll need to be prepared for any future repair costs and if property management is needed. Call me if you would like to discuss the possibility of a commercial property loan & let's see if I can help you achieve your investment goals. #commercialproperty #commercialfinance #commercialrealestate