About Hub City Lending

Hub City Lending is composed of a group of highly experienced and seasoned, certified, financial professionals. With our knowledge and expertise, we can usually find a solution for all your financing needs. Unlike a bank, or local lending institution, which only lend to the most credit-worthy businesses, Hub City Lending, with its relationships with national lenders, can usually find you the financing you need.

Apply for a Mortgage

Using Our Secure Application

Hub City Lending NMLS #1744962 | Donald Spoon NMLS #1743440

Apply for Business Financing

Using Our Secure Application

Apply for Equipment Financing

Using Our Secure Application

Hub City Lending Blog

Debt service coverage ratio
Debt service coverage ratio

Published:September 27, 2022 Modified:November 3, 2022 What Is Debt Service Coverage Ratio? The debt service coverage ratio (DSCR) is a crucial indicator of a company’s capacity for loan repayment, acquisition of fresh capital, and dividend distribution. It is one of three metrics, together with the

Investor
Investor

Published:September 10, 2022 Modified:November 3, 2022 What are Investors? Individuals or entities (such as businesses or mutual funds) who invest money with the hope of making a profit are called investors. Investors depend on a variety of financial instruments to generate a rate of return

Real estate investing
Real estate investing

Published:September 2, 2022 Modified:November 3, 2022 What Is Real Estate Investing? It is possible to invest in real estate by buying, managing, renting out, or selling properties for a profit. Investing in real estate, either actively or passively, is the role of a real estate

Loan to value ratio
Loan to value ratio

Published:September 2, 2022 Modified:November 3, 2022 What Is Loan To Value Ratio? Financial institutions and other lenders assess the loan-to-value (LTV) ratio as a gauge of the lending risk prior to accepting a mortgage. Loans with high LTV ratings are often thought to be riskier.

Liquid asset
Liquid asset

Published:August 30, 2022 Modified:November 3, 2022 What are the Liquid Assets? Liquid assets are those that can be swiftly and readily converted into cash. Examples of liquid assets include cash, money market instruments, and marketable securities. Tracking liquid assets as a percentage of net worth

Annual revenue
Annual revenue

Published:August 19, 2022 Modified:November 3, 2022 What Is An Annual Revenue? The total amount of money a business brings in each year from the sale of goods, services, assets, or capital is known as annual revenue. Your annual revenue does not take any of your

Financial statement
Financial statement

Published:August 19, 2022 Modified:November 3, 2022 What Are Financial Statements? A financial statement is a document detailing the activities and financial success of a firm. Government organizations, accounting companies, etc. routinely perform a review of financial statements to ensure accuracy and for monetary, tax, or

Hard money
Hard money

Published:August 14, 2022 Modified:November 3, 2022 What Is A Hard Money? A common form of lending in real estate investing is called hard money. Other names for hard money loans are asset-based loans, bridge loans, and STABBL loans (short-term asset-backed bridge loans). Short-term funding is

Face value
Face value

Published:August 14, 2022 Modified:November 3, 2022 What Is A Face Value? A financial concept known as “face value” refers to a security’s nominal or monetary value as indicated by its issuer. The original cost of the stock, as stated on the certificate, serves as the

Loan term
Loan term

Published:August 5, 2022 Modified:November 3, 2022 What Is A Loan Term? The length of a loan, or the time it takes to be fully repaid when the borrower is making scheduled payments, is referred to as the loan term. The length of the loan, or

Receivables
Receivables

Published:July 26, 2022 Modified:November 3, 2022 What Are Receivables? Receivables, also known as accounts receivable, are sums owing to a business by its clients for products or services that have already been provided or utilized but have not yet been compensated. Customers are given lines

Invoice
Invoice

Published:July 26, 2022 Modified:November 3, 2022 What Is An Invoice? A time-stamped commercial document known as an invoice lists the specifics of a transaction between a buyer and a seller and records it. The invoice often details the conditions of the contract and lists the

Balance sheet
Balance Sheet

Published:July 22, 2022 Modified:November 3, 2022 What is a Balance Sheet? A balance sheet in financial accounting is a summary or list of financial balances for an individual or company. It can be sole proprietorship, business partnership, corporation, private limited company, or any other entity

Funding
Funding

Published:July 22, 2022 Modified:November 3, 2022 What Is Funding? The purpose of a fund is to set aside funds for a specific purpose. For instance, a municipal government can create a fund to build a new civic center, a college can award scholarships, or an

Down payment
Down payment

Published:July 13, 2022 Modified:November 3, 2022 What Is A Down Payment? A down payment is a quantity of money that a buyer pays at the beginning of a pricey good or service purchase. A portion of the entire purchase price is covered by the down

Investment
Investment

Published:July 7, 2022 Modified:November 3, 2022 What Is An Investment? A purchase made with the intention of creating income or capital growth is known as an investment. An asset’s value increasing over time is referred to as appreciation. When a person invests in a good,

Credit score
Credit score

Published:July 7, 2022 Modified:November 3, 2022 What Is A Credit Score? A credit score is a three-digit figure that ranges from 300 to 850 and is used to determine your credit risk, or how likely you are to make on-time payments on your debts. Your

Obligation
Obligation

Published:June 30, 2022 Modified:November 3, 2022 What is an Obligation? Simply, obligation refers to the responsibility of a party to fulfill the contractual terms and conditions. In case, the obligation is not met, the legal system often provides recourse for the injured party. The backbone

Leasing
Leasing

Published:June 30, 2022 Modified:November 3, 2022 What Is Leasing? A lease is a legally binding agreement between two parties in which one commits to rent property owned by the other on particular terms. It allows a tenant or lessee to use a property in exchange

Interest rate
Interest rate

Published:June 22, 2022 Modified:November 3, 2022 What is an Interest Rate? In addition to the principal, the interest rate refers to how much a lender charges the borrower for the use of assets. The money generated from a credit union or bank’s deposit account also

Cash flow
Cash flow

Published:June 22, 2022 Modified:November 3, 2022 What is  Cash Flow? Cash Flow is net balance of cash coming into and out of a business at a certain point in time. A business’s cash is continually flowing in and out. When a retailer buys merchandise, for

Asset
Asset

Published:June 15, 2022 Modified:November 3, 2022   What is an Asset? The term asset refers to a type of economic advantage that people or entities have today, tomorrow, or in the future. Consequently, an asset is anything that you own or that you owe to

Renovation
Renovation

Published:June 15, 2022 Modified:November 3, 2022 What is a Renovation Renovation means to “create new again”—to “revitalize.” The process of renovating (also known as remodeling) a broken, damaged, or outmoded structure. Commercial and residential renovation are the most common types of renovation. Renovation can also

Finance committee
Finance committee

Published:June 9, 2022 Modified:November 3, 2022 What is a Finance Committee? The Finance Committee oversees the organization’s budget and provides financial analysis, guidance, and monitoring. Their main role is to guarantee that the organization has the financial resources it requires to conduct community programs and

Accessibility