Hard Money Loans

Hard money loans let you leverage the equity in your business assets to get fast funding.

• Understanding

Hard Money Loans

Whether you need to make a cash offer on a new property, hire seasonal employees, or onboard the latest equipment technology, a hard money loan can work for you. Instead of waiting weeks to get financing from traditional lenders, you can have cash in hand in a matter of hours. Hard money lenders base your loan value on the market value of your assets, not on your credit score.

Hard money loans are designed to help you address short-term needs, with terms of 3 months to 3 years. This makes them ideal for fix & flip investing or buying income-generating investment properties. Getting your loan off the books faster means you won’t be paying long-term interest. If you have hard assets in your business, speak with a broker to learn how to tap into that unused equity and advance your business today.

• How to effectivly use

Hard Money Loans

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If you’re in the market for commercial real estate but are waiting on a traditional mortgage to come through, you could miss out on your ideal property. A hard money loan will let you have the cash you need now to make an offer on the property of your choice. When the mortgage is approved, you can use those funds to satisfy the hard money loan.

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You can also utilize a hard money loan to renovate property. If you own multifamily housing, you can get cash from a hard money loan to renovate your leasing office. When the new leasing office draws in new tenants, use the extra income to pay down the loan. You’ll be free from loan payments quickly, so you’re not tied down to long-term debt.

Commercial Real Estate

Make a competitive offer on the property you want now by leveraging the equity in your company’s assets. A hard money loan lets you access cash right away so you can put down a cash offer before your competition. Talk to our professional brokers to learn how hard money loans work for CRE investing.

Equipment

The latest equipment and technology can help you get a jump on the competition, but it’s not cheap. To help you manage the short-term costs of equipment, leverage CRE or equipment assets to get immediate cash. Now that your new equipment has boosted your business, you can pay down the loan quickly. Find out more by contacting our brokers.

Working Capital

When your business expenses are varied, you can address them with a working capital loan. While real estate and construction loans are designed for one purpose, a hard money loan can bring in working capital that covers a range of expenses. Find out how hard money loans can boost your working capital by speaking with a broker today.

Advantages

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Fast cash

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Leverage your assets

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Make a cash offer

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No long-term debt

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F.A.Q’s

Q. When is a hard money loan not the right fit?

Hard money loans are a form of short-term debt. For the speed and convenience of a hard money loan, you may end up paying a higher interest rate than you would for a commercial mortgage. If you can afford to wait for financing, ask your broker for alternative loan options.

Q. Hard money loan vs. bridge loan?

What’s the difference between a hard money loan and a bridge loan? The two terms are often used interchangeably. While bridge loans are used to buy property, hard money loans can be used for any purpose. Hard money loans typically come from private lenders, while bridge loans are provided by banks.

Q. Are hard money loans risky?

With the right lender, hard money loans are just as safe as any other short-term loan. Because they have short terms, you’ll need to plan your short-term financing carefully to ensure you can satisfy the loan. For more loan advice, speak with one of our knowledgeable brokers.

Q. Where to find the best hard money loan?

What’s best for other small businesses may not be what’s best for yours. That’s why you want a lender that works for you. To find the best hard money loan to fit your needs, speak with a broker who can offer you a comparison across available loans and help you choose the right one.

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• CONTACT US

Let's Explore Your Funding Needs.

Our team is here to answer any questions and provide personalized guidance for your business’s financing needs. Whether you’re exploring options or need assistance with the application process, we’re just a message away. Reach out today and let us help you find the best financial solution for your business.