Need Money Quickly? Ask About Our Hard Money Loans
Is your business lacking the cash flow necessary to meet financial obligations or daily operating costs? If you’ve had a difficult month and you’re looking for quick cash, a hard money loan may be the perfect solution. This type of loan is asset-based, which means it’s secured against collateral (real estate). Whether or not you qualify for this type of loan depends on the quick-sale value of the property you secure the loan against.
This particular loan program is a great solution for businesses that don’t have the option of waiting for a traditional loan. It’s also a good option for those who don’t want to deal with the excessive paperwork that is often associated with standard loan applications.
Hard money loans provide a variety of advantages over other loan types. They require less paperwork and don’t take as long to process. The amount you qualify for depends on the value of the property you use as collateral. For example, if you submit a property that’s worth $1,000,000, you can usually expect to receive a loan amount equal to 60 or 70 percent of the property value. Apply for our program and you’ll receive the following benefits:
- Fast processing time
- Quick cash
- Additional funds to take care of any business need
- Generous loan-to-value (LTV) ratios
- Competitive terms
Interest rates for this type of loan program are based primarily on a couple of factors: availability of hard money credit and the real estate market. However, we keep our rates and terms competitive for the benefit of our clients. We have the capacity to fund deals of practically any size, thanks to our ample funding resources.
If your business needs reliable and quick access to funds, we have a solution. To apply today or learn more about our loan programs, give us a call and we’ll help you get started.