hard money
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan.
FIX n FLIP
A strategy of purchasing a property, renovating it, then selling it at a profit. Investors typically buy a property at a discount because of its condition. Provides the cash you need to grow your real estate portfolio.
Cannabis Loans
This loan is a capital loan that is specifically for businesses who operate in the cannabis or CBD industry. This loan will help the individuals or corporations secure the capital they need start their business, repair their property, or keep their business afloat.
BUSINESS LOANS
A lump-sum, short-term loan to businesses. The merchant is selling their future revenue at a discount to the merchant cash advance company.
CONSTRUCTION LOANS
A short-term, interim loans used for new home construction. The contractor receives disbursements as work progresses. The loan covers only the costs of custom home building. Once the home is built, the prospective occupant must apply for a mortgage to pay for the completed home.
No Payment alternative
This program fills the gap between conventional financing and hard money loans. This is for a borrower who does not qualify for a bank loan but also does not want a hard money loan.
Commercial Loans
These loans are a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures.
Multi-Family Loans
A multifamily loan is typically reserved for purchasing a property that houses more than one family. In most cases, these types of loans are given to developers or investors to purchase apartment buildings or condominium complexes.