Frequently Asked Questions
Private lending offers faster access to capital compared to traditional bank loans, with less stringent requirements and a simplified application process. Additionally, private lenders often provide more flexibility in terms of loan terms and collateral options, allowing borrowers to secure funding for a wider range of real estate projects. We offer competitive rates, and similar payment options to traditional loans with less stress in the application process
To submit a loan application, simply complete our online application form with accurate information about your project, financial status, and borrowing needs. Once submitted, our team will review your application promptly and reach out to discuss next steps and any additional documentation required.
It is our priority to protect the interests of both our borrowers and lenders. We work hard at loan management as a preventative measure so that the loans don’t reach a state of default. If for some reason someone completely defaults on a loan, the lender may initiate legal proceedings to recover the outstanding debt. This could include foreclosure or repossession of collateral, depending on the terms of the loan agreement and applicable laws.
Absolutely! We may even offer the occasional 3rd! As long as there is enough equity/collateral, and you have the means to make your payments, there is a strong chance we can help get you funded.
We can help get up to 100% of the funds you need for your business purpose construction loan. The money would be placed in a secure account to ensure the funds are properly allocated as a protective measure for both the borrower and lender.
Rates vary, but can typically be between 9%-13% and possibly a bit higher for 2nd or 3rds under certain circumstances.
We specialize in equity based loans, so borrowers would need to display:
- The ability to make the term payments.
- Ample equity to guarantee the amount borrowed.