2012 was our fourth full year in the private money/hard money lending business. Last year we originated 165 loans, making our four year total surpass 450 privately-funded loans. There are tremendous opportunities today for private money loan brokers. We found the following disciplines helped tremendously in growing a thriving private lending brokerage.
California Hard Money Direct We have access to investor capital with the ability to provide hard money and bridge loan financing for transactions up to 5 million without the qualifying factors required by conventional lenders. california hard Money Direct, 13547 Ventura Blvd, # 177, Sherman Oaks, CA (2019)
Money Lending Business The Difference Between Private Lending and hard money lending. major lending institutions, such as banks, are great for standard loans. However, when it comes to smaller amounts or alternative lending solutions, banks usually cannot accommodate the needs of the prospective borrower like specific a money lending business.
Hard money loans are generally lent to borrowers to finance real estate investment opportunities or other collateral backed loans; they are funded by private investors as opposed to banks. A hard money loan might be an appropriate option if you do not have a high enough credit score to secure a loan.
Unlike hard money lenders, we are reliable private lenders who offer fast approval and loan closings as quickly as 3 days. Minimal cash down plus no interest payments first 6 months.
Hard Money Government Definition Money laundering is a criminal endeavor that’s more pervasive than you might think. According to government sources, between $800 billion and $2 trillion in cash is laundered internationally on an.
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Hard Money Commercial Loans. If you own a commercial property, but either your company is losing money or your credit is poor, you can still easily obtain a commercial loan from a hard money lender.. hard money lenders make the riskier commercial loans, the deals the banks won’t touch.
Hard money is a loan from private lenders, as opposed to banks. It is called hard money because it is usually secured by a real asset, such as property. Many startup businesses turn to hard money.
When business owners are looking for affordable funding, such as loans, one question they ask more than any other is (and you probably guessed it), "Will this affect my credit?" It’s an understandable.
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Hard Money Lending doesn’t have to be "Hard" Intrepid Private Capital Group offers FAST access to hard money lenders and is dedicated to providing our clients with a personalized service that meets and exceeds their expectations for a pain-free funding process.