Category Archives: Hard Money Loans

3 Alternative Lending Myths Busted

With the Salt Lake City market as hot as it is right now, hard money for real estate transactions is in high demand. Organizations like Actium Partners exist to make that money available with as few hitches as possible. What we do is considered alternative lending by the traditional banking sector, but ‘alternative’ does not […]

Hard Money for When Banks Won’t Help

Hard money in the financial sector is money owned directly by the individual or fund making the loans. Actium Partners is a hard money lender. Unlike a bank, we do not have a complicated management structure with loan approval requiring weeks if not months by the time various committees and individuals review it. Why should […]

Bridge Loans Offer Fast Cash When Time is of the Essence

Bridge loans are quite a bit different from traditional loans in a number of ways. For example, they can be obtained much faster. Bridge loans are the ideal choice when a client needs access to fast cash because time is of the essence. That client may be working on a compressed timeline restricted to the […]

Can Hard Money Loans Be Fast and Safe?

Hard money loans are a good option for borrowers who need access to cash but, for whatever reason, are not excited about approaching a bank. They need the money as fast as possible. Yet they know from previous experience that banks move too slowly. The question becomes this: can hard money loans be both fast […]

Borrower Pledges Real Estate to Secure Bridge Loan

It’s often said that if a business isn’t growing, it’s dying. But sometimes growth is constrained by an inability to secure funding from a traditional bank. This is where bridge loans from private lenders can mean the difference between failure and success. Here is sample situation where private lending offers an ideal solution. A borrower […]

Top 3 Advantages of Private Lending or Hard Money Loans

Private loans, often referred to as hard money loans or bridge loans, offer three significant advantages over conventional or bank-financing arrangements. Private lenders can fund quickly, within a flexible structure and without prepayment penalties that can unintentionally hinder the success of your business. Here are the top three advantages of hard money loans: 1. Rapid […]

Private Lending Pays Off for Seasonal Business

Securing funds from traditional lending institutions in the post-downturn economy can seem nearly impossible. That’s where private lenders like Actium can bridge the gap and provide resources where other avenues have failed. Actium worked with a company in a seasonal industry whose long-profitable business had experienced challenges during the Great Recession. As a result, traditional […]