Learn To Be A Fix & Flip Investor: commercial hard money loan

Showing posts with label commercial hard money loan. Show all posts

Thursday, April 26, 2018

Top Situations where a hard money loan is best

A hard money loan is any loan secured by a "hard" asset (i.e., An Asset-based loan). This type of loan can be your best option especially if you need financing to construct a new facility, to renovate a distressed property or if you need to make a purchase quickly.

Asset-based loans are typically short-term loans and are more expensive than traditional financing. Because of this higher expense, it is easy to ask, who would want this type of funding in the first place?

An asset-based loan is especially useful for real-estate investors who are speculating on a quick turn around when it comes to their project. Traditional lenders avoid relying on this kind of speculation.An obvious example is a fix-and-flip project, banks avoid financing these projects because there is no guarantee of a profit and the borrower could default in the end. Traditional banks are also wary of construction loans because they have to rely on the borrowers assumptions and success isn't guaranteed.

A hard money loan can be the help you need if you need to fund a renovation or construction project

There are other reasons to consider asset-based lenders for renovation or construction projects. Typically a bank raises funds for a mortgage by reselling it to a government agency like Fannie Mae or Freddie Mac. Banks won't be able to resell any mortgage on a distressed property that falls short of FHA guidelines.Therefore a typical bank will likely deny your application if you are trying to renovate a distressed property. Asset-based lenders raise their funds from private investors and have money on hand, allowing them to see past the poor condition of any property you intend to rehabilitate.

The situation can become complicated if you finance your construction loan with an ordinary lender. Banks disperse construction loans according to a specific timetable and specific benchmarks. The lender could withhold funding if your projecting doesn't go according to plan. This scenario could be a disaster and could leave you unable to pay your contractors or to continue your project. The regulations that stifle traditional banks don't hamstring asset-based lenders so you can get increased flexibility when it comes the terms of a construction loan.

However, asset-based lenders outshine traditional banks when it comes to time-sensitive purchases.

When it comes to time-sensitive purchases, a hard money loan can be a win-win solution

A typical bank loan usually closes within 120 days, and the best investment properties don't stay on the market for long. Even the most qualified borrower won't see their application go through any faster because banks have to comply with their own guidelines and with government regulations.

Asset-based loans can close within a matter of days allowing you to complete a time-sensitive purchase. An asset-based loan gives you the flexibility to then refinance to a long-term mortgage, or to sell the property for a profit.

In short asset-based lenders are ideal for borrowers who know the potential of their project, who need flexibility or who need cash quickly to make the most of a potential investment.

Sunday, April 1, 2018

How to Develop an Exit Strategy When Obtaining a Hard Money Loan

An exit strategy is, in essence, your plan for paying off your hard money loan. It is a plan that you will want to develop before you sit down with a lender.

Exit strategies are crucial for obtaining a hard money loan. Many of these lenders offer interest-only payments as you develop or renovate your project. They obtain the big payoff upon completion when you have succeeded in your “exit strategy” and can repay them in full. For those of you in the fix & flip model, your exit strategy is fairly easy to define. You rehab and then sell the property.

Selling the property, then, is your exit strategy. Because timelines can change in the world of construction and rehab as well as finding qualified buyers, it will be important that you look for a hard money lender that does not charge a prepayment penalty. You’ll also want to come to the table with improvement plans that include costs and potential market value as well as comps and average time on the market.

If your real estate segment falls into the buy-and-hold model, selling will, obviously, not be an appropriate exit strategy. A strategy that does work is refinancing. Many traditional lenders that offer lower interest rates with longer terms will not loan on properties in poor conditions. Once you have the property renovated and a suitable tenant, your chances of obtaining a traditional loan are greatly elevated. It could be that you needed a loan quickly to jump on a property that just hit the market. Many investors obtain funding from their hard money lender in order to accomplish a quick buy and then refinance at a later date.

The Sale of Assets

The sale of other assets such as real estate or accessing additional funds such as money from IRAs, the stock market, or business interests is another exit strategy. You may wonder why, in this case, the borrower wouldn’t just dip into their additional assets and bypass the loan process all together. For many investors, time is a crucial component in their investment strategies and waiting while other assets sell may cause them to miss a prime property or opportunity. In essence, you are obtaining a bridge hard money loan. These types of short-term loans simply “buy some time” and act as a “bridge” from either one loan to the next or one property to the next.

Don’t feel like you have to stick with one exit strategy. Blended strategies can often be the best solution depending on the situation.

And just what is a blended strategy? This type of exit strategy utilizes a combination of all of the above to create a strategy that works the best for your particular situation. For instance, if you cannot obtain the full loan amount upon completion of the project, you can sell an asset and reduce the LTV so that a traditional lender will consider financing. Whatever your exit strategy, be sure to check with Level 4 Funding before obtaining your hard money loan. We have years of experience and can help you develop an exit strategy that works well for your project.

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Monday, March 19, 2018

How Short Term Commercial Loans Can Help Your Business Dreams Come True

Can you really take your business to the next level? You can with the help of commercial loans to help you finance the next phase of your company, and Level 4 Funding explains how.

If you need cash fast to put a down payment on a property for a new location, for example, short-term commercial loans are the perfect option. Unlike conventional bank loans that typically have five- to ten-year terms, short-terms are defined by shorter repayment schedules that are designed to be paid off in between three months to three years. Usually these loans have higher approval rates than long-term loans, and can be paid in smaller daily or weekly payments versus a monthly lump sum. Ensure you can manage the daily or weekly payments prior to agreeing on the terms of this loan.

Short-term commercial loans are great for businesses because they are typically approved a lot quicker, which means you get cash in hand quicker in comparison to a conventional lender application and approval process. New businesses can get approved for these loans, which can actually make it easier for them to get approval for long-term or more traditional loans in the future. Prior loans — and proof of paying them off — give lenders peace of mind that you can pay off a loan.

Short-terms are also easier for new businesses to get approval or for companies that haven’t yet established a business credit history. Once credit history is established with a short-term loan that is another way to help future loan approvals from traditional banks. Usually lenders specializing in shot-term loans do not require a minimum on credit score as conventional lenders typically do, especially for long-term loans.

One of the best benefits of short-term commercial loans is that their approval time is fast – which means you can get your funding fast.

With these loans, businesses can receive their cash advance in just 24 hours, give or take. This is important for many reasons as a company is looking to expand, but it can also be just the thing a business needs if they are cash-tight and need to handle payroll or pay their vendors. Fast cash is one of the reasons short terms are so desirable for new and expanding businesses that are having growing pains or “tight” times.

It’s important to know that while there are many benefits to short terms, there are some disadvantages to be aware of, too.

While these short terms are very helpful to businesses, there are some drawbacks. For example, the annual percentage rate tends to be much higher with loans like this than the APR of conventional loans because the amount of time the loanee has to pay back the loan amount is much shorter. While there are very short reschedule periods of three to six months, it might be more reasonable to negotiate a (relatively) longer payment schedule up to three years. There are also lender fees and other costs that may be associated with short terms so it’s important to know what those are before you proceed.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Wednesday, March 14, 2018

Reviewing the Types of Alternative Commercial Loans

Why traditional commercial loans might not be right for you… and how to find the perfect loan to achieve business success. Level 4 Funding shows you how.

There are so many types of loans to consider before you decide which is right for your business needs. For example, a merchant cash advance is an alternative lending program but instead of repaying the loan in monthly installments, loanees pay it back via a percentage of their credit card sales. This is great type of loan for companies that have high credit card business because the rate of how fast the MCA is paid off is related to the volume of sales. The higher the sales, the faster the loan can be repaid — and paid off!

Another form of alternative commercial loans is asset-based lines of credit. With this type, lenders offer lines of credit based on the value of equipment or hard assets of your business. This is a great option for businesses that use a lot of equipment. That would include companies like restaurants, beauty salons, and manufacturing companies. Similar to MCA loans, the value of the equipment determines the amount of the asset-based line of credit (and access to working capital).

Finally, another option is called an unsecured line of credit. For new business, companies that don’t need equipment or ones that don’t have an actual storefront unsecured lines of credit can be great options. This option allows for businesses to obtain working capital. However, in this case the lender may require higher interest rate or payment terms because they are taking on a high-risk investment.

There are many ways that companies can benefits from alternative commercial loans.

For companies that are looking to get cash fast, non-traditional loans are the way to go. They can be approved fairly quickly and traditionally don’t require as much complex documentation required from more conventional lenders. Ultimately, these types of lenders just want to make sure they are going to get their return on investment. If you can prove that to them, a high credit or lengthy established line of credit might not matter as much.

Alternative commercial loans meet a specific purpose, so they might not be the right fit for your business.

For new businesses that don’t yet have a line of credit established or high credit score or ones that don’t have collateral, traditional banks might pass on them as too high risk. However, alternative lenders are more willing to take on these types of businesses. Do your research about the various types of loans available to you and the kind of lenders that can help you. It’s also a good idea to meet with some lenders to discuss your needs until you get a feel for the lender that is right for you. When you are ready, Level 4 Lending is here to help you find the right loan for you — so give them a call today and speak with a professional.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Sunday, March 11, 2018

Alternative Ideas for Helping You Obtain Commercial Loans Through a Broker

Why should you seek an alternative lender for your *commercial loans**? There are many benefits to going this route — Level 4 Funding explains them here, so read on.*

You may think you’re alone if you’ve been rejected for a loan before or if you don’t have the requirements to seek a traditional loan. But there are lots of alternative ways to get approval for commercial loans. Even if you have a few bad marks on your credit history or not the highest credit score, or if it’s a matter to a tough economy making conservative banks tighten their wallets even more than usual, that doesn’t mean you aren’t destined to let a loan. Seeking other loans like short-term or hard money loan are good alternatives. If you talk to a broker about these options, they can help you get the best loan for your needs.

There are some differences between traditional long term commercial loans and short-term and hard money loans. First of all, these types of loans don’t typically require such a lengthy and strict application process, “red tape” and bureaucracy that often takes place with conventional lenders or banks, and longer term loans.

One of the most important things to keep in mind when seeking alternative loan options is that lenders that specialize in these look mostly at the probability that you will be able to pay back the terms of the loan back. However, it’s important to know that interest rates are typically higher with short term and hard money loans – this is because lenders are putting up a higher risk. The good news is that these loan applications often are much simpler and easier to get approved quickly than traditional loans, so you can get the money you need — and get it fast! However, high interest rates are worth it if it means taking your business to the next level. Even though you may have higher interest rates, getting this loan can make all the difference for the growth of your company and taking your company to the next level.

It’s important to meet with a broker to find out if a short term or hard money loan is right for you.

When you meet with them, be upfront about what you need and your business experience or history so that they can best help you get the commercial loans you need. Professional lenders and brokers can offer advice on how to prepare for the loan including what documentation you’ll need to submit. These will typically include your financial statements, credit report, business plan, bank statements (personal and business) and more.

Try not to get too stressed out about getting approval for your loan.

Yes, this is a high-stress situation; however letting your emotions get the best of you won’t help. Try to remember to take it one day at a time. There may be snags and setbacks, but keep your eye on the prize — getting your loan approved to help open or grow your business! There are lots of options so just keep in mind that if there is some rejection along the way, it doesn’t mean it’s the end of road for your business dreams. So find the one that’s right for you and you’ll be on your way to making your business dreams come true.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Monday, October 30, 2017

Things to Consider When Looking to Apply for Commercial Hard Money Loans

Commercial hard money loans can lend a helping hand when a borrower needs a quick loan. It is still always helpful to do plenty of research and know the best ways to approach this process from the beginning of the application to closing.

First, start looking for a reputable and dependable lender that specializes in commercial hard money loans. This is when referrals really come in handy, so don’t be afraid ask others that you trust who they may recommend. Next, structure and design a plan. You want to be prepared when you are going to meet with your lender. Make sure that when you meet with your lender, present a thorough plan that includes long-term goals that you have in mind for business. Also, always include specifics like deadlines and other important dates.

The plans that you present to your lender should not only include deadlines and other important dates, but also the address of the property, the reason for the loan (is it a new loan or are you refinancing an existing loan), the property purchase price and the budget you have set. You can find a number of ways to present this information, just be prepared and have all the information present that is needed for the lender to make their decision. The more prepared you come and the more information that you present, the more likely that you will see approval.

Commercial hard money loans require certain documentations for a better chance of approval. A note and deed of trust is almost always required documents. Other documents your lender might request to review include financial statements, tax reports and proof income. Also, a personal guarantee for the borrower could be very beneficial.

Using lenders for commercial hard money loans are there when you need them but at a hefty cost

The thing to always remember when it comes to commercial hard money loans is that they will come with much higher interest rates and other fees compared to conventional loans. Because the risk is much higher with these loans, rates usually range between 10 percent to 15 percent on average. This may also include prepayment penalties. Of course, extensions could be possible, but you need to negotiate all of the terms and have an open line of communication with the lender at all times. This is why finding the right one you can trust and that is dependable is so important.

Know the eligibility time of your commercial hard money loans

Most of these loans have a timeline of about 12 months, but sometimes they can even be shorter for around 6 months. The shorter-term loans usually occur when dealing with single residential properties. Some loan terms can be longer, ranging anywhere between 2 to 5 years when it comes to commercial renovations.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

How to Evaluate if Commercial Hard Money Loans Are the Right Option for You

The more research and education you receive on commercial hard money loans, the more benefits you will see from it. It is important to always have a clear understanding and plenty of communication throughout the entire process so you know exactly what is going on.

Retipster really defined it best, commercial hard money loans are just short term loans secured by real estate and funded by private lenders instead of banks or credit union. Most of these loans are for around a 12-month period but sometimes these loans can have an extension of anywhere between 2 to 5 years. The value of the property usually plays a large role when it comes to the time length of the loan along with the amount of the loan.

The borrower’s credit score doesn’t weigh heavily on the approval of commercial hard money loans. Most loans require an excellent credit score and impressive cash flow. But commercial hard money lenders are more focused on collateral which includes the value of the property. This is helpful for borrowers who may not meet the strict requirements that most banks and credit union set.

It doesn’t matter if your property is land, industrial, residential or commercial. Any property can be used for a borrower to get this type of loan. Keep in mind that there are some lenders that will only focus on specific types of property, it just depends on what they have the most experience in. It is best to be clear and upfront with what you are looking for at the beginning of the process to avoid any misunderstandings.

Most of the benefits from obtaining commercial hard money loans outweighs the extra cost

Commercial hard money loans are not only faster, they also have less requirements. But they usually come with a higher price tag because of it. Even though interest rates and fees will vary based on certain factors like the region you are in, expect to be paying much more with these loans. These types of loans are much riskier, so the interest rate will range between 10 to 15%, which is usually much higher than most conventional loans.

Commercial hard money loans are easier to obtain, but there are still some eligibility requirements

These types of loans may not have strict guidelines like the banks do, but there are some needs that need to be met. Remember that the focus is usually only on collateral and not the credit rating or cash flow. Even if there’s a record on foreclosures in the past, they could be overlooked if you are willing to pay more in interest rates and fees. Designing a plan for the property is important because you want to show a plan for long-term goals to be able to provide improvement to impress investors.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Thursday, October 26, 2017

The Main Differences Between Bank Lenders and Commercial Hard Money Lenders

If you are looking for a helping hand with your finances, keep in mind the main differences between bank lenders and commercial hard money lenders. As always, make sure you’re fully educated and have done enough research about the entire loan process before ever making any final financial decisions.

First, we should explain exactly what commercial hard money lenders do. As stated in Arixacapital, they are an investor who makes loans that are secured by real estate. Often times you will be paying higher rates with these types of loans compared to a loan from a conventional bank. But there are some benefits to keep in mind that do outweigh the extra costs.

It is important to remember that these lenders may require a much higher rate compared to banks, but they also usually require much less documentation for approval. Also, compared to banks they have fewer approval requirements and are mostly only focused on collateral as part of the loan deal. This is a little different than what you are probably used to since an excellent credit score and documentation of cash flow is needed for approval from most traditional banks. But in these cases, collateral is more important with these lenders.

When dealing with banks, it can take a long time to get approval. The process takes a longer time when dealing with banks because banks not only consider collateral for approval but also requires proof of excellent cash flow along with an excellent credit score. When not dealing with banks, you can usually get your loan approved much faster because they only need to assess a few pieces of documentation and a few variables like collateral.

When investors are on the verge of a deal and need to get help quickly, commercial hard money lenders are there when you need them

So, what exactly is the point of commercial hard money lenders? Sometimes when it comes to time, real estate investors need to get a deal done rather quickly and want a speedy place they can go when meeting a real estate loan deadline on-the-fly. They may have to pay extra for this speedy service, especially when it comes to the interest rate, but they are paying extra to save time.

Using commercial hard money lenders instead of using banking lenders has its many benefits

You might have to pay more, but it makes sense to use commercial hard money lenders for many reasons. Banks can’t always get the job done in time and if you need to meet a quick approval deadline, this is the way to do it. Great investment opportunities may not always have the financial strength to get approval from banks or they may not be able to get additional on an already existing baseline credit. Plus, if it is allowed, larger amounts of loans are more likely to get approved this way.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Sunday, October 15, 2017

Tips for Determining What Type of Commercial Hard Money Loans are Right for Your Business — Secured or Unsecured

Once you've figured out that you need to secure financing to help your company get off the ground or grow to the next level, there is still more to decide. You it’s important to know which type of commercial hard money loans are best suited for the funding you need for your business.

Determining that you need a loan is merely “step number one.” But as a business owner, you’ll need to be prepared to take many more steps towards selecting the type of loan you need and then going through the loan approval process. With all commercial hard money loans, there are advantages and disadvantages, and certain loans may suit your company’s needs more than others so it’s important to take some time to research the various types of loans or speak with a professional lender who can help advise you on what type of loans would be best for you and your business needs.

Two very common loans are secured and unsecured. They are the same in many ways; however, they also have some important differences. A secure loan, for example, is typically associated with a larger loan sum than an unsecured loan, and this is based on the amount of collateral that a business has to put up to back the loan. In the case of a secure loan, you can use collateral, or your company’s assets to obtain or “secure” your ability to repay the loan. If you are unable to pay the loan back, you could lose your collateral to the lender. Assets can be business equipment, a vehicle or even your home. Secure loans are often more flexible due to this reason. Because there is less risk involved with this type of loan, interest rates are typically lower than with an unsecured loan, and include options such as fixed or variable.

If you do not have any collateral to put up, you may need to seek unsecured commercial hard money loans. Without having collateral to back the loan, the lender assumes a higher risk. Because of this, unsecured loans typically are associated with higher interest rates and have a fixed (and sometimes rigid) repayment schedule. There is usually a timeframe for when the loan must be paid back within. However, one upside is that these loans are typically approved much more quickly than secured loans.

If you are unsure if a secured or unsecured commercial loan is right for your business, you may need to seek the guidance of a professional commercial lender.

Sometimes it’s just a matter of speaking with an expert on a topic to help you determine which loan is best suited for your business. There are also a few questions you can ask yourself to help you determine your needs – do you need a large sum of money? Are you in need of cash fast? Do you have something of value to put on the line as collateral? These are all things to consider and in these answers, you are likely to see which loan is best for you.

Once you’ve decided which type of commercial hard money loans you need for your business, you can move on to “step two.”

Research professional lenders that are experienced in the type of loan you desire, and also the type of business you are building or expanding. Having someone to help guide you through the loan process can make the entire process much more smooth and much less stressful.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Work From Home with the Help of Commercial Hard Money Loans

It’s the new American Dream to have your own business that you can run out of your own home. With the assistance of commercial hard money loans, you can take your dream of working from home and turn it into a reality!

In today’s digital age, running a company remotely is perfectly within grasp — yes, you have to be willing to work hard day in and day out, but it can be done! Instead of wasting your life away at the office, punching another company’s time clock, think about how commercial hard money loans can be just the thing you need to catapult you from daydreaming about being your own boss to actually making that happen! Getting approved for a loan is one step closer to making your work-at-home dream come true.

Commercial hard money loans are asset-based loans, which means exactly what it sounds like. These loans are secured by your collateral such as inventory, machinery, equipment, real estate, accounts receivable that you can put up as assets. This is an ideal financing option for small start-up businesses that can be run out of the home.

Asset-based financing can be secured via private hard money lenders, and while they have many uses, it’s a good ideal to outline your investment plan in a solid and detailed manner prior to trying to get your loan approved, and be prepared to present a solid work-at-home business plan as well. In cases like this, your credit score might not play as much into the lenders’ decision to approve your loan as other factors might. While the credit score or event your debt-to-income ratio or personal finances won’t come into consideration nearly as much as a solid business idea and the ability to prove that this idea will make money. The more confident the lender is that you will be able to pay back the loan, the higher your chances of approval eligibility are.

You can own your own business and work from home with the help of commercial hard money loans.

Knowing that this type of loan can get you from just dreaming about your own work-from-home business to actually owning and running your own work-from-home business should be enough to get you started! Now it’s time to research lenders in your area and try to configure the loan amount you will be seeking.

To determine what loan amount you need and how much you’ll be responsible for paying back monthly, check online.

While you can’t rely on the internet for everything, it is a good place to start when you want to roughly calculate your monthly payment sum based on the loan amount you desire. You can do a quick search to find an estimation calculator online that can give you an idea of the amount you will owe monthly based on your loan amount. With the help of this type of loan, soon you’ll be up and running your new business out of the comfort of your own home and living the American Dream that you worked hard to achieve!

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Featured Post

Thursday, April 26, 2018

A hard money loan is any loan secured by a "hard" asset (i.e., An Asset-based loan). This type of loan can be your best option especially if you need financing to construct a new facility, to renovate a distressed property or if you need to make a purchase quickly.

Sunday, April 1, 2018

An exit strategy is, in essence, your plan for paying off your hard money loan. It is a plan that you will want to develop before you sit down with a lender.

Monday, March 19, 2018

Can you really take your business to the next level? You can with the help of commercial loans to help you finance the next phase of your company, and Level 4 Funding explains how.

Wednesday, March 14, 2018

Why traditional commercial loans might not be right for you… and how to find the perfect loan to achieve business success. Level 4 Funding shows you how.

Sunday, March 11, 2018

Why should you seek an alternative lender for your commercial loans? There are many benefits to going this route — Level 4 Funding explains them here, so read on.

Monday, October 30, 2017

Commercial hard money loans can lend a helping hand when a borrower needs a quick loan. It is still always helpful to do plenty of research and know the best ways to approach this process from the beginning of the application to closing.

Using lenders for commercial hard money loans are there when you need them but at a hefty cost

Know the eligibility time of your commercial hard money loans

The more research and education you receive on commercial hard money loans, the more benefits you will see from it. It is important to always have a clear understanding and plenty of communication throughout the entire process so you know exactly what is going on.

Most of the benefits from obtaining commercial hard money loans outweighs the extra cost

Commercial hard money loans are easier to obtain, but there are still some eligibility requirements

Thursday, October 26, 2017

When investors are on the verge of a deal and need to get help quickly, commercial hard money lenders are there when you need them

Using commercial hard money lenders instead of using banking lenders has its many benefits

Sunday, October 15, 2017

Once you've figured out that you need to secure financing to help your company get off the ground or grow to the next level, there is still more to decide. You it’s important to know which type of commercial hard money loans are best suited for the funding you need for your business.

If you are unsure if a secured or unsecured commercial loan is right for your business, you may need to seek the guidance of a professional commercial lender.

Once you’ve decided which type of commercial hard money loans you need for your business, you can move on to “step two.”

It’s the new American Dream to have your own business that you can run out of your own home. With the assistance of commercial hard money loans, you can take your dream of working from home and turn it into a reality!

You can own your own business and work from home with the help of commercial hard money loans.

To determine what loan amount you need and how much you’ll be responsible for paying back monthly, check online.

Why should you seek an alternative lender for your *commercial loans**? There are many benefits to going this route — Level 4 Funding explains them here, so read on.*