These times are the best times as any to take advantage of applying for a commercial loan workout since a lot of owners are having difficulties in applying for the refinancing of their debt obligations. Options like a commercial short sale and a commercial loan audit are just some of the effective solutions designed to help delinquent borrowers to become more financially stable. These arrangements help the property and business owner on a lot of things such as cutting down on interest and principal rates, improving the cash flow, and many others. The different kinds of properties that will benefit include office buildings, multi tenant buildings, motels, shopping malls, strip malls, and hotels.A commercial loan workout that is successful depends on the business owner’s capability to maintain a steady cash flow to pay monthly premiums on time on each new loan terms. However, before a commercial loan workout is granted, the creditors or the lenders would first have to analyze the financial documents that they required the borrower to submit to them. This is for the lenders or creditors to determine whether or not a property owner would be capable of making the monthly payments required for the modified agreement. So, for a property owner to convince the lenders or the banks enough to approve the application, proper and solid documentation proving the owner’s financial difficulty would have to be submitted.There are several types of lenders that the owners can do business with; however, the best choice would be the banks. Owners of these income-producing properties can apply directly to their banks or lenders; however, this may somewhat be a daunting and intimidating task so there are third party firms that, at a certain fee, will handle the negotiations and application process on the owner’s behalf. A commercial loan workout is favored by a lot of property and business owners because it offers them flexible options to pay off their obligations. These options include interest rates reduction, extension of terms on the original loan as well as lowering of the balance on the debt.However, the vital step in the whole process of commercial loss mitigation and most importantly, commercial loan workout, is to get approved and get approved as quickly as possible. Now, in order to do this, a property owner who is applying must be well informed about the details regarding the procedure of approval as well as making sure that all necessary documents and paperwork are in place and ready to be submitted. You, as a business owner would need to have your own copies of the important financial documents that would be required such as tax returns, land and property statements, business proposals and plans, and others. Keep in mind that filing an application also has costs so it would be better to prepare yourself for any toward expenses. All in all, adjustments to the terms of the debt obligation would be very helpful for any property and business owner, all that is needed is to be approved for it.

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.