Tag Archives: hard money loans

How Hard Money Can Save a Deal on the Brink

How often have you heard that hard money is a resource of last resort? It is claimed so often that theconcept has become synonymous with hard money lending. Fortunately, for you and us it is not true.Not only is hard money lending not a last resort strategy, but it could also be the only form […]

Combining Hard Money with Other Funding Sources

A common misconception in our industry is that hard money is a separate entity unto itself. People lookat it as an all-or-nothing kind of thing. Truth be told, hard money is just another funding option – albeitsuperior to other options. We say all this to explain that many of our clients combine hard money loanswith […]

Closing a Loan Quickly to Meet 1031 Exchange Requirements

We often speak of the speed at which we can approve hard money loans. As a private lender, we have the kind of discretion we need to move more quickly than traditional lenders. One of our more recent deals illustrates the point perfectly. The deal involved a client who needed funding to close a 1031 […]

48 Hours Was Enough Time to Help an SLC Property Investor

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 […]

How Hard Money’s Speed and Flexibility Can Help Your Business

Hard money lenders like Actium Partners exist to help businesses and entrepreneurs make the most of their opportunities with fast, flexible funding. And we believe our two greatest assets are speed and flexibility. They are assets that could make a real difference for your business. We understand that you have many different options for business […]

What to Do When You Need an Immediate Loan

Among the many advantages of hard money loans is speed. Here at Actium Partners, we are like most other hard money lenders in the sense that we strive for quick turnaround time. One of our goals is to get loans approved and funded as quickly as possible. The first thing to do if you need […]

Why Hard Money is Best for Real Estate Acquisition & Development

Many of the clients we serve come to us in need of hard money for real estate acquisitions. Some are looking to acquire undeveloped land that they plan to develop for commercial use. Others are looking to purchase office buildings, industrial sites, etc. It matters not to us as long as we can make a […]

Why We Don’t Charge Prepayment Penalties

Several types of retail and commercial loans include prepayment penalties assessed to borrowers who choose to pay off their loans early. We don’t charge prepayment penalties here at Actium Partners. We don’t think such penalties are good business, nor do we have a legitimate reason for implementing them. If you’ve ever wondered why prepayment penalties […]

Top 3 Reasons Why People Take Out Loans

Actium Partners serves a wide variety of clientele with differing needs. In other words, our hard money loans are not a single type of loan targeted at a single type of customer. We look for every opportunity we can to invest in local Salt Lake City businesses by providing funding that is otherwise too difficult […]

Case Study: Condos in Moab

One of our more recent loan deals came by way of an investor who needed fast financing after another lender could not fund. We had the opportunity to quickly assess the client’s collateral and create a suitable loan to get the deal done. These are the sorts of cases we specialize in here at Actium […]