Category Archives: Lending News

4 Mistakes to Avoid When Applying for a Loan

BusinessLoanApplicationEveryone knows how uncertain economic times can make it difficult to obtain a loan from a bank. Uncertainty causes banks to be very selective when deciding which applicants to loan money to. There is plenty of information out there that can help inform loan applicants on how to make themselves and their businesses look appealing to banks, but one way to increase the chances of getting that loan is to know what not to do. In an article for, Catherine Clifford discusses 4 mistakes to avoid when applying for a bank loan.

Mistake #1: Underestimating the value of personal credit

Banks want to lend money to applicants who have been responsible managing their own personal finances. If an applicant can’t manage the money that directly affects themselves and their families, then what makes a bank think they will do any better with its money?

Mistake #2: Applying for the wrong type of loan

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Historic Rehabilitation Project Set for Downtown Little Rock’s Main Street

Raimondo Family WineryMore positive news on the redevelopment of downtown Little Rock. Moses Tucker announces today the purchase and plans to rehabilitate the former Fulk-Arkansas Democrat Building, located at 615 Main Street in downtown Little Rock. The project will consist of eight (8) loft-style unit apartments with a retail component on the ground floor that will be anchored by Raimondo Winery. The project is anticipated to start in mid May and will cost approximately $2 million.

The Fulk-Arkansas Democrat Building is not currently listed on the National Register of Historic Places, but is one of the more architecturally significant buildings on Main Street. The 2-story, 13,146 square foot building was constructed in 1916 and was designed by well-known architect, Charles Louis Thompson.

Charles L. Thompson was one of the more prolific architects in Arkansas, having been involved in designing more than two thousand buildings throughout his career. Some of his best known works in the state of Arkansas include the Washington County courthouse in Fayetteville, Little Rock City Hall, the El Dorado High School, and the Peter Hotze house in Little Rock among others. The Fulk-Arkansas Democrat Building originally housed The Arkansas Democrat newspaper, known today as the Arkansas Democrat Gazette, between 1917 and 1930.

This approximately 14,000 SF mixed-use project is situated on the east side of Main Street between 6th & 7th and is expected to be completed by mid 2016 to allow for tenants to open simultaneously. Raimondo Winery will be situated on the ground floor level of the development and will be open 7-days a week, serving only lunch. The winery will feature a wine tasting room and will offer select culinary events . Customers will also have the ability to purchase other products such as her homemade extra olive virgin oils and premium balsamic vinegars.

Owner and operator, Margie Raimondo said, “We are excited to bring our quality wines to Central Arkansas, as well as something new and different to the downtown Little Rock market. The urban development of the Main Street corridor and landscape will give our winery a European feel.”Raimondo Winery

Raimondo Winery is a family-owned winery owned and operated by Margie Raimondo of Little Rock. She and her family have been making wines in Italy and California for over 20 years. After more than two decades in a marketing and operations career in Silicon Valley high-tech, she moved from California to the Arkansas Ozarks to start a winery in Mountain Home, AR. Her wines are handcrafted using artisan techniques in small lots from premium California grapes. Margie specializes in Italian and Iberian wines and offers extra virgin olive oils and premium balsamic vinegars as well.

Moses Tucker Real Estate is the Project Developer and Cromwell Architect will serve as the project architect. Central Construction Group is serving as its general contractor, and financing will be provided by Arvest Bank.

Since it’s founding in 1984, Moses Tucker Real Estate has been the leader in development of commercial properties in Little Rock. Whether seen on the arm of a downtown crane, or perched in the window of a sleek, new office or retail space, the Moses Tucker logo is a fixture in today’s Little Rock landscape. The company’s three-decade history is perhaps best characterized by its pioneering efforts in revitalizing the urban core of downtown Little Rock. Moses Tucker is a dynamic real estate company dedicated to building a great city

Pediatric Workplaces Groundbreaking Ceremony


Join us at the groundbreaking ceremony for Pediatric Workplaces on April 22nd at 12:30pm at 900 South 52nd Street in Rogers, AR.

Click here for more information about Pediatric Workplaces and the groundbreaking ceremony.

The Six Biggest Hits to Your Credit Score

CreditScoreWith the focus on credit quality these days, the credit scores of principals/guarantors in the application process of securing a loan has become a greater focal point among lenders. Even Commercial Real Estate lenders (like life insurance companies) have paid more attention to credit scores over the last 2 years since the economic recession has taken hold. In fact, there are few things in your financial life that affect your ability to secure credit more profoundly than your credit score. However, it still remains a relative mystery to as to what financial ‘episodes’ really affect your score dramatically and which don’t. Some activities can just ‘scratch’ your credit score, while others can ‘dent-in the whole fender’. Continue reading

Arkansas Capital Corporation Is Pleased to Showcase the Work of Neal Harrington, Tammy Harrington, and David Mudrinich

Adam FaucettThe Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the April 10th Friday Art Night with works by Neal Harrington, Tammy Harrington, and David Mudrinich in a show titled “Inside the Valley”. Robert Bean is the show curator.

Along with the art exhibit, there will be a free performance by local favorite Adam Faucett! Called “one of the greatest, most thoughtful lyricists the state has to offer.” His music is best described as part folk, part blues, part elemental rock stomp, part unidentifiable cosmic holler. “Nothing can prepare you for the sound that comes out of his mouth when he sings—or bellows—his stellar songwriting. It is a soulful power beyond belief.” To listen to a sample of Adam Faucett’s music, visit his website at

Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, April 10 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist.

Our offices are located at 200 River Market, Avenue, Suite 400, Little Rock, AR 72201. Two nearby parking decks, as well as street parking are available. We are at Trolley Stop 10. Additional details about the trolley are available here. Continue reading

What Is Your Business Really Worth?

BusinessWorthAt some point, the answer to this question will be critical to all business owners. You may want to sell your company, bring in new investors or partners, or consider an Initial Public Offering (IPO). You may need to determine value for purposes of estate planning. Or, you may simply want to do some competitive analysis and evaluate your company from a market perspective.

Because some of these questions can arise suddenly, performing a complete valuation and periodic updates is a healthy practice for growing small businesses. Continue reading

Is Your Small Business Export Ready?

This month is all about business exporting. Each week we have talked about exporting and how it can benefit your small business. The first article introduced you to exporting and provided you with a guide to small business exporting. Last week’s article gave you 8 reasons why you should export. This week we want to determine if your business is ready for exporting.

To find out if you and your business is ready for exporting, ask yourself these six questions: Continue reading