Former President Donald Trump’s felony convictions may complicate his ability to travel to some countries, carry a gun, and secure loans. According to John Petrovski, a veteran of the commercial real estate industry, Trump’s controversial status and felony convictions create unnecessary noise for banks, making it less likely for them to provide him with loans. As a result, Petrovski believes that it would be a nonstarter for him to loan to Trump again.
In addition to Trump’s felony convictions, several of his companies have declared bankruptcy in the past, and he still faces legal issues. Most of his net worth is tied to shares of a social media company with uncertain financials and illiquid real estate holdings. Previous lending documents required Trump to confirm that he was not a felon or under investigation, further complicating his ability to secure loans from traditional lenders.
Despite his challenges, Trump has a history of finding lenders who are willing to work with him despite his reputation. Mike Offit, who helped establish Trump’s relationship with Deutsche Bank, believes that Trump could potentially structure deals to create more confidence from lending institutions. Offit suggests that Trump could involve an outsider with a strong reputation in the business to serve as a legitimate CEO, rather than relying solely on his son to run the company.
Even if traditional U.S. banks are hesitant to lend to Trump, foreign lenders or political supporters may see an opportunity to provide him with loans. As a result, Trump may be looking for lenders in the near future, especially with a $120 million loan against 40 Wall Street coming due in July 2025. This demonstrates that despite his legal challenges and past bankruptcies, Trump may still have options when it comes to securing loans for his business ventures.
It remains to be seen how Trump will navigate the challenges of his felony convictions and past financial troubles in order to secure future loans. With his net worth heavily tied up in uncertain investments and his legal issues looming, Trump may need to be creative in structuring deals and finding willing lenders. Whether he will be successful in these efforts remains to be seen, but Trump’s history of overcoming obstacles in the past suggests that he may find a way to secure the financing he needs.
As Trump continues to navigate the financial landscape in light of his felony convictions and past bankruptcies, it will be interesting to see how he approaches his future lending needs. Whether he is able to find lenders willing to take a risk on him or if he will face continued challenges remains uncertain. Nonetheless, Trump’s history of finding ways to overcome obstacles suggests that he may still have options when it comes to securing loans for his business ventures.
