Press
Release Summary: Many people looking for credit maybe finding
it difficult in the wake of the National Credit Crisis. Sunwest
Trust, Inc., a leading financial company, claims their new Friends
and Family Lending Program will be a contributing solution to
the credit problem.
Press
Release Body: Albuquerque, New Mexico – January 02, 2009
– In the wake of the National Credit Crisis, Sunwest
Trust, Inc., a leading financial company, unveils its
new "Friends and Family Lending Program".
The program seeks to interchange the roles of lending banks with
financially solvent family members taking up such a role.
Outlining
their new plan, the Company insists that solvent members in the
family can assume the role of bankers. They could be lending to
such members who are seeking loans for purposes such as having
a new home. “The ability to fall back on solvent family
members for financial support would be a welcome alternative for
people who are finding that getting loans is difficult,”
says Terry White, CEO, Sunwest Trust, Inc.
The
logic behind the argument advanced by Sunwest
Trust is that such lending could result in mutual
benefit for the lender as well as the debtor. The debtor would
benefit from the lower interest rates and the convenience of getting
financing. Lenders, on the other hand, will gain from higher interest
rates than they could get in comparison for their deposits made
in the bank. “Thus, it will be higher income for the
lender while a lower loan burden for the debtor,” adds
White.
Another
aspect of their statements in favor of the new plan is that with
such loans, the lender's money is more secured in comparison to
those lent out to strangers. At the same time, the debtor gets
significant income tax benefits.
Sunwest
Trust, Inc. assists clients through the process by
administering the loan in such manner that everything is well
organized. “We can collect for taxes and insurance payables
on a monthly basis so that the payments are spread throughout
the year", denotes White.
"Payments
will be made to Sunwest Trust who will allocate
these payments dividing them to principal and interest. The money
can be deposited directly into your checking, money market, or
savings accounts", White further adds.
The Company cautions its clients that every investment is coupled
with the risk of loss; however, this is a preferable risk being
helpful both for the lender and their family members.
Sunwest
Trust is confident of the success of their new program
and the “Friends and Family Lending Program”
is now currently offered to interested parties nationwide. Learn
more by watching our video at http://www.youtube.com/watch?v=tDXc6JtzPsI
Press
release written and released by Internet Marketing Company, Best
Online Results, LLC: http://www.BestOnlineResults.com.
About
Sunwest Trust
One of the leading financial Companies in Albuquerque, Sunwest
Trust Inc. is the only one dealing with both escrow and completely
self directed IRA simultaneously. The New Mexico Financial Institutions
Division granted it with Trust powers in the year 2003, but has
been an escrow company for over 21 years. While Sunwest specializes
in self directed IRA, they also deal with real estate contracts,
and mortgages. The Company is presently servicing over $900 Million
in assets for over 12,000 individuals.
Web
Site: http://www.SunwestTrust.com
Contact
Details: Terry White, CEO
Sunwest Trust, Inc.
Phone: 505-237-2225
Toll Free: 1-800-642-7167
Fax: 505-275-1554
Email:tlw@sunwesttrust.com
http://www.SunwestTrust.com
P.O. Box 36371
Albuquerque, NM 87176-6371
2025
