Hard Money Lenders-
Smart Benefits That You Can Get By Using These Services


Hard money lenders provide some incredible commercial financing options to borrowers as compared to banks and other lending institutions. Most of these private lenders provide very fast and easy access to a variety of financing options with greater flexibility offered to their customers.


Besides, increasingly tighter and more stringent bank norms have made commercial borrowing more difficult for businesses than ever before. As a result, there is growing reliance on hard money lending for commercial real estate funding, which has led to a rising demand for private lenders.

 

Who Are Hard Money Lenders And What Can They Do For You?

hardmoneyloans

It can sometimes be very hard to find the best possible financing options, especially when you have started a new business. Despite the availability of traditional sources of financing through banks, venture capitalists or angel investors, it may still not work in favor of your business.


Most of these lending institutions, such as banks, may take a long time to approve your loan and require you to undergo a stringent process of evaluation.


At the same time, banks are not as willing to take risks on new businesses and may adopt a more cautious approach, when approving commercial loans

Most of these commercial lending institutions take a lot of factors into account,  such as credit scores and repayment capacity that leaves for less chance for loan approvals.


Moreover, there are other challenges of bureaucracy and administration involved that may lead to delay in processing commercial loans. On the other hand, a hard money lender does not rely entirely on credit scores or the credit-worthiness of the individual borrowers.


Instead, these lenders choose to look at other important factors such as cash flow of the business and the monthly bank statements or accounts receivable. This can increase your chances of having your loans approved, even if you do not have high credit scores and provide easy and instant access to commercial loans for your business.

 

Benefits Of Using A Hard Money Lender For Your Business

Here are some key benefits of hard money business loans:


-Fast And Quick Approval Of Loans


Unlike other traditional sources of banking, hard money lenders do not place as strong an emphasis on having high credit scores for individuals. They depend more on the asset valuation and take the loan to value ratio into account, while giving loans.


The process of documentation is also quite simple and not cumbersome, that makes it easy to approve loans in just a few days, as opposed to weeks or months, and makes it quick and easy to obtain loans.


-Provides Greater Flexibility To The Borrowers


A trusted hard money lender can provide quick assistance to obtain hard money commercial loans to buy a property or even start a small business. This increases your chances of seeking loan approval faster with such private lenders as compared to banks and other institutions, despite having marginal credit scores.


With better lending terms and less paperwork, you can be assured of getting loans on time. Most of these hard money lenders accept different kinds of collateral. Thus, you can choose to use your own home or even future cash flows arising from a property as collateral.


-Less Restriction Norms For The Borrowers


Most of the commercial banks need to strictly adhere to the rules laid down by the Federal Reserve and have their own banking policies. This makes it extremely difficult for the borrowers to seek loans from such institutions due to the resulting delays through checks and loads of documentation.


On the other hand, hard money lenders have their own set rules and regulations that makes it very quick and easy to approve hard money loans for  borrowers.


Learn more about hard money business loans.

Why Choose Our Hard Money Lending Services?

By choosing trusted and reliable lending partners such as Business Funding Advisors, you can be assured of getting access to reasonable and competitive interest rates on your loans.


Besides, you can get your loans approved within few days or weeks rather than waiting for months through other commercial lending agencies. You can get access to a wide range of financial products and services with fast and prompt service delivered to meet all your financial obligations. With our huge network of private lending sources, you can get your loans approved in no time. 


If you need a hard money loan for your company, fill out our quick form below. We will contact you within 24 hours.

 


QUICK COMMERCIAL LOAN APPLICATION


We provide FREE, no obligation evaluations, with no upfront costs, or expensive fees for approval to our private lender programs.


- Minimum loan amounts (for commercial building projects): $100K with no maximum.


(Loans approved for commercial only, not single-family residential projects.)


- No pre-payment penalties on programs offered.


We will respond to your loan application within 24 hours!


Commercial Loan App

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Merchant Cash Advance and

Working Capital Loan Programs

are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


Commercial loans are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,

 Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


COMMERCIAL LOAN PROGRAM HIGHLIGHTS


Commercial Real Estate Programs

· Lending Area: Nationwide & International


· Loan Size: $100,000-no maximum


· Rates as low as 3.74%

· up to 90% LTV


APPLY HERE

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Commercial Development & Construction Loans

· National & International


· $2MM-$50MM


· Interest Rate: 5-9% Fixed (1% for churches)


· Amortization: up to 25 years


· Zero fees


· Points: Up to 3%, paid at closing


· Term: 5 yrs; also can structure a construction to permanent loan with interest only during draw down periods.


APPLY HERE

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Hard Money Loans Rates and Criteria:

· Loan Size: $100K-$100MM


· Lending Area: National & International


· Collateral: We lend to mainly on commercial real estate, including raw land and development projects


· Interest Rates: 7-14% (rates depend on collateral)


· Amortization: Interest only


· LTV: Up to 80%

· Origination Fee: 1-4%

· Closing time: 1 week to 30 Days


APPLY HERE

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Bridge Loans

· Loan Size: $1MM-$15MM


· LTV: Up to 75%


· Rate: 5-7%


· Term: 1-3 years, Interest Only


· Property Types: Office, Retail, Industrial, Multi-Family, Manufactured Housing, Condominiums, Self Storage, Special Use, Hospitality, Assisted Living/Congregate


APPLY HERE

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Unsecured Business Lines of Credit

· $25,000-$100,000 (start up businesses with no established revenue and business owner with good credit)


· $100,000-$500,000 (established businesses w/ revenue of $1MM or more; no collateral if good credit and financials)


· 0% intro rates on business credit card solutions, to 1-5% over prime for large credit lines.


· No "subprime" unsecured lines


APPLY HERE

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Click Here To Apply for A Business Cash Advance or Working Capital Loan


Bank ACH or Credit Cards


90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

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Restaurant-Retail, 
Small Business Loan Program


  • · Unsecured Loans up to $1,000,000 per location

  • · No Collateral Required

  • · Minimum Annual Sales: $150,000

  • · Minimum: 550 FICO

  • · Must be in business at least 1 month to document sales

  • · Loan amounts below $150,000 require NO tax returns or financial statements


APPLY HERE

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Customer Finance Programs for Businesses

· Can finance your customers down to a 500 FICO;

can finance your turndowns from your current credit provider


· Instant online credit processing and approval


· E-signature capabilities


· Can purchase or collect bad debt portfolios


· Industries include: Medical, Dental, Jewelry Retail, Furniture, Memberships, Private school tuition, Security/Alarms, Vocational Schools, Travel, etc.


APPLY HERE

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Click Here to Apply for

A Private Lender Commercial Loan


- Zero upfront costs, zero fees for approval to our programs.


- Minimum loan amounts: $100K for commercial building projects, with no maximums.


- No pre-payment penalties on programs offered.

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Click Here To Apply for A Merchant Cash Advance or Working Capital Loan


- Bank ACH or Credit Cards


- 90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

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