Do you Need a hardmoney lender for commercial properties? Min 5Million to 5Million.

Q) Why use this lender to help you get a loan?

A) This lender caters to the commercial arena by providing our customers with a lending source that fits their needs. We will help you through the complex approval process. Our company approach is dedicated to committing ourselves to closing your loan. We work to identify and resolve problems in the beginning to avoid surprises in the end.

Q) Does this lender finance the purchase of an existing business in the subject property?

A.)No, our lenders loans are based upon the value of the underlying real estate. Our lenders will fund loans which are owner-operator and non-owner properties, but will not include the value of the business as a part of the financing. However we can offer equipment financing, purchase order financing, merchant and account receivable financing to help put cash in your pocket.

Q) Who orders the appraisal?

A) We will handle the ordering of an appraisal with the lender. We will assign the job to our base of approved preferred lender appraisers in order to attain the best pricing available for your borrower according to our lender guidelines.

Q) I am a borrower seeking a loan. I only want to deal direct with the lender. Can I deal direct with the lender?

A) Simply put no. We are a wholesale direct broker and therefore our lenders do not conduct business with borrowers directly. All paperwork and submissions must be processed through us. We are a direct to lender broker and we securitize all of the loans we originate.

Q) Are you a full recourse lender and what does that mean?
A) Yes, and what that means is that every loan must have a personal guarantor.

Q) Do I need an environmental inspection report?
A) It depends on the property. If needed, we will handle this for you.

Q) Do you have lenders for owner-user properties?
A) Yes, not only do we have lenders for owner-user but non-owner occupied investments as well.

Q) What is your turnaround time for getting a loan funded?
A) It depends on the loan. Some lenders can close in 7 to 14 days and some fund loans within 30 to 45 days. We can offer an answer to that question at the initial loan review.

Q) Can a borrower pre-pay their loan?
A) Yes. However, some loans do contain a prepayment premium. Most short term loans do not contain a pre-pay clause.

Q) Are your lender loans assumable?
A) Yes, in many cases if the new borrower qualifies. Some are not.

Q) How do I get the loan process started with this lender?
A) We have a very simple process to get the process started. Simply email your summary and interview form along with the business application.

Need a hardmoney lender for commercial properties? Min 5Million to 15Million.

Send an email to Dedra Allen at  dedraallen@yahoo.com for loan docs.