Private Lenders:
A Great Source For Commercial Loans in Today's Restrictive Credit Climate

Private lenders provide many unique advantages to their borrowers by providing commercial, bridge, and hard money loans to individuals and enterprises, who may not be able to obtain loans using conventional sources.


Most of these private lenders are able to provide funds sometimes, using their own personal wealth or they are usually backed by their company’s huge financial resources.


Typically, these lenders do have lending norms and rather than relying solely on the creditworthiness of the borrowers, they consider other vital factors while lending funds.  Private lenders can prove to be the best option for individuals looking for making some quick investment in commercial real estate properties or require funds for starting a new business.

How Private Lenders Can Be The Best Source For Financing

private lenders

Many businesses that might approach the banks or venture capitalists may not be able to successfully get approval for funds from these institutions. In such cases, private lenders can come to their rescue by providing an alternative source for financing at a short notice.


Although these hard money lenders may not follow as stringent guidelines for lending finances to the investors, they typically look for solid and sound business ideas and plans before arriving at a final decision. 


They prefer providing finances to companies that can provide them with some realistic business forecasts with a long term profit potential. The risks involved in any new business are always higher so they prefer dealing with people who come from a strong business or financial background.


However, most may be more than willing to provide private loans to individuals and investors, since they clearly understand the business opportunities associated with such high risk ventures. 


In addition, these hard money lending companies comprise experienced and knowledgeable teams of professionals, who have the ability to provide funding solutions to suit all kinds of businesses.


They can help in managing your finances with greater ease by providing high degree of flexibility and better loan structuring and loan repayment terms and conditions.

Measures Used By Hard Money Lenders For Approving Loans

-Assessment Of Property 


If you are planning to buy a commercial property, then these private lending companies will need to evaluate the worth of the property in which you are planning to make an investment. In addition to making third party evaluations, they prefer to make a personal assessment of the property before lending funds to the investors.


This helps them eliminate any risks involved in case the owner defaults on loan and they can be sure of liquidating the property as soon as possible to recover their loans in the future. Hence, most of the hard money loans to value ratios are generally higher as compared to other traditional lending institutions.

 

-Repayment Capacity Of The Borrowers


Private lending companies prefer solid financial evidence to ensure that you are able to pay back their loans on time.


Hence, they would require you to furnish credible financial information that may include your W-2s over the past few years, bank statements from the last six months and also about the collateral that you are willing to offer, in case you default on your loan repayments.

 

-Professional Commitment With Greater Integrity


Hard money lenders place greater trust and confidence on borrowers who can display high level of professionalism with greater promptness in dealing with them. At the same time, they expect the investors to show due diligence in managing their loans well by ensuring that there are no other liens associated with the properties.


It is vital for the borrowers to make enough provisions for the properties, in case they are not covered to enable the quick progress of the loan lending and approval process.

Business-Funding-Advisors.com: The Source for Private Lenders

private lender office

Business-Funding-Advisors.com provide exceptional service to their customers by assisting them in obtaining quick and easy financing, using our proven and quick approval process.


We provide a network of private money lenders, providing hard money loans, private business loans and other kinds of commercial loans to suit the unique requirements of our individual customers. With a range of business solutions, you can be assured of getting the best advice on the available investment options.


If you need a private loan for your business, 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




Return Home from Private Lenders


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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