One particular item that banks are still willing to finance is owner-occupied commercial real estate. Most other types of credit for small businesses – working capital being a prime example – have become very difficult to get. But for businesses that might be doing well enough to qualify for financing and are currently renting their space, this is one of the best times in a very long time to buy a building.

The commercial real estate crash has created a large supply of buildings at prices lower than have been seen in recent memory. To a bank, a building occupied by a business owner is about as good a risk as can be found in today’s economy. Then add to that the fact that even though there may be a little more downside left in prices, there is much more upside potential as the economy continues to pull out of the recession. So add together an unusually large supply of buildings, and banks aggressively competing for this type of business, and a business owner has a real opportunity at this time to acquire space to grow their business.

Making it even more attractive for banks that are comfortable with SBA lending is the fact that banks can get 75% of their loans guaranteed, so SBA loans become even more attractive as a means to accomplish a building purchase. And for the potential business owner-borrower, the fact that SBA allows a 25-year amortization on commercial real estate usually means lower monthly payments on loans that also cannot be called. So for small business owners needing expansion, this is a very unique opportunity in recent economic history.

The advent of mobile telecommunication has no doubt been an improvement in every facet of life as it has solved the nagging communication problems that have existed for decades especially in developing countries. It is an unparalleled fact that communication, effective communication is a veritable tool that ensures success in family, business, religion etc

The world never knew that it was a tip of the iceberg when eventually mobile telecommunication was invented as a result of advanced researches on the work of Guglielmo Marconi (1874-1937), an Italian scientist that first proved that radio waves can travel across the Atlantic. Since then, the radio waves become the precursor that synthesizes other products of technological importance. It is as a result of this advancement in research that we have several other communication technologies that were branded uniquely some of these include; Bluetooth technology that works based on radio wave and other communication means that work based on emission and reception of radio wave. Mobile telecommunication is also identified in this light. Mobile telephony has actually been in existence in developed and some developing countries. It actually becomes operable in Nigeria when the license was approved for a telecommunication giant in the year 2001.

What followed was the erection of masts in the vicinities both commercial and residential areas. Urban areas especially are more much more involved as everywhere is dotted with high-rising masts belonging to one telecommunication giants or the other. Shortly after this period, there were raised eyebrows about the medical aftermath of these ‘death at alert’. It was reported that there are severe dangerous medical implications and side effects that are injurious to good health. It has been submitted that the telecommunication giant should have employed other means which are friendlier to health and environment than these masts which have been known to emit radiations that are carcinogenic. The reason there are less uproar as regards this in Nigeria, is because most people that live especially very closely to these masts are ignorant. They may not really understand the health implications.

It is therefore in my opinion that, the combined efforts of everyone in the society, coupled with that of appropriate regulatory bodies can help make the situation better. Individuals especially in developing countries like Nigeria should also be more enlightened that everything is not about money or business as usual! It is therefore high-time we stopped the telecommunication companies from giving us a paltry sum of money in exchange for our sound health. The question still remains rhetorically that, are there no other methods to provide these services apart from the masts?