Park Place Equity, A Division of Northwest Federal Credit Union

Park Place Equity, A Division of Northwest Federal Credit Union Park Place Equity is a division of Northwest Federal Credit Union and a direct SBA/ USDA lender.

Park Place Equity has been acquired by Northwest Federal Credit Union, a $2.5 billion dollar institution with the goal of becoming a top tier SBA & USDA guaranteed lender. Park Place Equity will finance businesses across different industries, from professionals such as doctors and veterinarians to funeral homes, hotels, marinas and other single purposes industries. Park Place Equity welcomes the opportunity to review applications for start up companies, turnaround companies, stabilized & matures businesses. Each situation demands a unique commercial financing solution and Park Place Equity has built its reputation by providing a certainty of execution in an uncertain commercial lending environment.

Mission: Park Place has and will always honor and service our clients and members with the highest degree of integrity. Developing trust and credibility with our members is crucial to growing our balance sheet and maintaining our track record of success.

At Park Place Equity, we recognize that experienced funeral home operators are a safe and sound credit risk and in 2014,...
05/16/2014
5 Reasons why Park Place Equity will lend to Funeral Home Operators

At Park Place Equity, we recognize that experienced funeral home operators are a safe and sound credit risk and in 2014, we intend to up the ante by providing as many loan dollars as we can to these qualified small business owners.
http://ow.ly/wVr7e

Contrary to what you may have heard, the Death Care industry is not a dying business. Over the last 10 years, small business lenders have lent...

#SBA Eliminates the Personal Resource Test for Small Business Loans. http://ow.ly/wLFpx
05/13/2014
SBA Eliminates the Personal Resource Test for Business Loans

#SBA Eliminates the Personal Resource Test for Small Business Loans. http://ow.ly/wLFpx

Recently, the SBA published an amendment to its Standard Operating Procedure and eliminated what’s known as the “Personal Resource Test.”As an SBA Preferred Lender, this is very encouraging news and it puts us in a position to help business owners with significant personal resources to qualify for a…

Commercial Business Loan Interest Rates will Remain Low for the Foreseeable Future, learn why - http://ow.ly/wFuFU
05/09/2014
Business Loan Interest Rates will Remain Low for the Foreseeable Future

Commercial Business Loan Interest Rates will Remain Low for the Foreseeable Future, learn why - http://ow.ly/wFuFU

Most business loans, especially commercial loans guaranteed by the SBA, are tied to short-term interest rates. The good news is that Richard Fisher, one of the key decision makers at the Federal Reserve, reiterated that the benchmark Federal Funds Rate is expected to remain unchanged. Low short-term…

Park Place Equity is proud to announce that it is now A Division of Northwest Federal Credit Union. http://ow.ly/w4RUD
04/23/2014

Park Place Equity is proud to announce that it is now A Division of Northwest Federal Credit Union. http://ow.ly/w4RUD

This past Friday, the transcripts from Fed meetings detailing the turn of events 5 years ago provide us with an inside v...
02/25/2014
Oh to be a Fly On the Wall

This past Friday, the transcripts from Fed meetings detailing the turn of events 5 years ago provide us with an inside view on how the crisis unfolded and how the best and brightest minds at the Federal Reserve handled it. http://bit.ly/1fn7oJO

When the financial crisis began to take shape in 2008, many of us engaged in commercial lending would have loved to have been a “fly on the wall”...

Are Car Washes the New Black? Or, will they at least keep you in the black - http://bit.ly/LoPYFD
01/29/2014
Are Car Washes the New Black?

Are Car Washes the New Black? Or, will they at least keep you in the black - http://bit.ly/LoPYFD

Is it possible for something as simple as a car wash to be your biggest income generator for years to come? Our gut instinct was, of course! People...

Read why Park Place Equity believes the #SmallBusinessLending market is poised for growth in 2014 - http://bit.ly/1fy6kt...
01/15/2014
5 Reasons Why Small Business Lending May Be Poised For Growth In 2014

Read why Park Place Equity believes the #SmallBusinessLending market is poised for growth in 2014 - http://bit.ly/1fy6kt6

Let's face it. There is nothing easy about securing a commercial loan, especially for small business owners who are starting up or need capital to facilitate a turn around. However, history has shown that in time inefficient markets need to become efficient because the necessity for small business c...

How to Recapture Commercial Real Estate Equity with “Common Sense” Commercial Lending. Park Place Equity can find fi...
01/08/2014
Commercial Real Estate Equity with Common Sense Commercial Lending

How to Recapture Commercial Real Estate Equity with “Common Sense” Commercial Lending. Park Place Equity can find financing when your bank cannot. http://bit.ly/1igZaXU

Our core philosophy at Park Place Equity is "common sense" commercial lending: if the underlying real estate collateral has value, the borrower can demonstrate repayment and the story makes sense, it is a project anyone can finance, even in today's commercial real estate lending market.

Will Commercial Lending momentum continue in 2014? Read what the team at Park Place Equity think - http://bit.ly/Klq2dl
01/02/2014
2014 Commercial Lending Outlook - Will the Momentum Continue?

Will Commercial Lending momentum continue in 2014? Read what the team at Park Place Equity think - http://bit.ly/Klq2dl

For many in the commercial lending arena, 2013 may have been a record year. Banks and commercial loan lenders loosened up requirements and expanded their risk appetite in several different asset classes and industries. More and more lenders are booking commercial real estate loans on the balance she...

Park Place Equity closed over $122,000,000 in commercial loans in 2013! http://bit.ly/JHCGCM
12/31/2013
Park Place Equity closed over $122,000,000 in commercial loans in 2013

Park Place Equity closed over $122,000,000 in commercial loans in 2013! http://bit.ly/JHCGCM

2013 was an incredible year for Park Place Equity and more importantly, our clients. Not only were we able to successfully finance a variety of different businesses for both business owners and real estate investors, but we also helped these entrepreneurs overcome challenges and realize their dreams...

Download this Commercial Lending guide from Park Place Equity. http://bit.ly/18CNf3D
12/11/2013
Park Place Equity Commercial Lending Guide

Download this Commercial Lending guide from Park Place Equity. http://bit.ly/18CNf3D

Each lending program offers competitive market interest rates and delivers the commercial lending solution needed by small to medium sized businesses, as well as novice and veteran real estate investors. Please call Park Place Equity today at 1-888-352-0997 with any questions about the Commercial Le...

Very few commercial loan lenders have experience in funding golf course commercial loans. If lenders are inexperienced, ...
12/03/2013
Refinancing a Discounted Pay Off for Golf Courses in Maryland

Very few commercial loan lenders have experience in funding golf course commercial loans. If lenders are inexperienced, to whom do golf course owners turn for advice? http://bit.ly/IJPIA4

by Chris Balestrino - Tuesday, December 03, 2013 Park Place Equity successfully completed $4,400,000 refinance of the two Maryland golf courses, providing management with the commercial loan necessary to accomplish their financing needs.

What's the outlook for Commercial Construction in 2014? http://bit.ly/1e3Qrpp
11/21/2013
What's the outlook for Commercial Construction in 2014?

What's the outlook for Commercial Construction in 2014? http://bit.ly/1e3Qrpp

by Chris Balestrino - Thursday, November 21, 2013 The future's so bright ... well you know the rest! While we are always cautiously optimistic, the signs are pointing to the fact that we should all find our sunglasses when talking about the outlook for commercial construction in 2014.

Park Place Equity successfully financed a $6 million, ground-up construction project for a new, three-story medical offi...
11/06/2013
Construction Loan Makes New Medical Facility Possible

Park Place Equity successfully financed a $6 million, ground-up construction project for a new, three-story medical office building in Carteret County, North Carolina. http://bit.ly/17Fq6Qe

The subject will provide administrative offices for a nonprofit hospital. The new medical office building is strategically located near a 135-bed hospital. The hospital offers a full range of services, including acute care, diagnostic and outpatient services (such as a Cancer Treatment Center), CGH ...

Commercial Loan Lenders http://goo.gl/I8sXMA
11/06/2013
Commercial Loan Lenders

Commercial Loan Lenders http://goo.gl/I8sXMA

Google the term “commercial loan lenders” and you get everything from ads for local and national banks and credit unions, commercial loan brokers to definitions from both Wikipedia and Investopedia—even a handy article from WikiHow.com—on how to become a commercial loan broker or officer.

The Nuts and Bolts of Commercial Loan
11/06/2013
The Nuts & Bolts of a Commercial Loan - CreditQ Social

The Nuts and Bolts of Commercial Loan

A commercial loan is a debt-based funding agreement between established entities, such as a business, partnership, or LLC (limited liability Corporation) and a financial institution. In some cases, commercial lending takes the form of a revolving line of credit that is utilized to help manage or sup...

Park Place Equity provides 8 Key Advantages to #SBA Guaranteed Commercial Loans. http://bit.ly/19ZdIEA
10/22/2013
8 Key Advantages to SBA Guaranteed Commercial Loans

Park Place Equity provides 8 Key Advantages to #SBA Guaranteed Commercial Loans. http://bit.ly/19ZdIEA

by Chris Balestrino - Tuesday, October 22, 2013 There are many reasons why commercial loan lenders require SBA guarantees when financing small businesses, particularly new businesses, turnaround businesses or even businesses that show clear signs of stabilizing. Everyone has a different experience w...

Park Place Equity will be participating in the Golf Course Finance Session, as part of the Crittenden Golf Conference, o...
09/20/2013
Park Place Equity to participate in the Crittenden Golf Conference 2013

Park Place Equity will be participating in the Golf Course Finance Session, as part of the Crittenden Golf Conference, on Tuesday, October 8th at the Pointe Hilton Tapatio Cliffs Resort in Phoenix, AZ. http://ow.ly/p3P78

Park Place Equity will be participating in the Golf Course Finance Session, as part of the Crittenden Golf Conference, on Tuesday, October 8th at...

@ParkPlaceEquity closes 1.4M Commercial Loan for Marine and Diving shop in #Washougal WA. http://ow.ly/oyHyC
09/04/2013

@ParkPlaceEquity closes 1.4M Commercial Loan for Marine and Diving shop in #Washougal WA. http://ow.ly/oyHyC

Address

200 Spring Street
Herndon, VA
20170

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

(703) 925-5072

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