You can visit countless websites and find loan calculators based on the amortization principle. Amortization is a common practice for auto loans, mortgages, and other types of non-business funding. Even traditional small business loans are amortized. Is that the case for hard money and bridge loans? Usually, no. As private lenders, hard money lenders have […]
The fact that private lenders enjoy greater flexibility allows them to consider loan types that banks wouldn’t even touch. A good example is a hard money loan used to acquire a piece of vacant land for development. Banks tend to steer clear of such loans because they consider vacant land too risky. On the other […]
We talk an awful lot about the speed at which we can fund hard money and bridge loans. Whether youare looking to borrow in Salt Lake City or elsewhere in Utah, Idaho, or even Colorado, we do our utmostto fund loans in days rather than months. We consider speed one of the most important aspects […]
You are a real estate investor looking at the best deal you have seen in a long time. You think you canpull it off with the right bridge loan. Now it’s time to start looking at lenders. You know of at least onebank that has expressed interest in working with you. You have also done […]
Real estate deals come in all shapes and sizes. You have residential deals involving buyers purchasingprimary residences. There are deals involving residential landlords, too. In the commercial realm, realestate transactions can involve developers, commercial landlords, and different types of investors. Allhave one thing in common: they find hard money and bridge loans are perfect for […]
We have the privilege of working with property investors throughout Salt Lake City and the entire state of Utah. Among the many reasons they come to us is speed. Indeed, that was the case with one particular investor who recently contacted us in need of fast cash. We were able to approve and fund his […]
Private lending is an excellent tool for business financing. Consider bridge loans, for example. We provide such loans to businesses and entrepreneurs throughout Salt Lake City. We are not afraid to offer a bridge loan to a business owner attempting to get a small business administration (SBA) loan. SBA loans bring a lot to the […]