hard money loans | Actium Partners

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 […]

Can You Get a Loan with a Low Credit Score?

Credit score is one of the first things that comes to mind when people need to borrow money. It’s no different in the business world. Business owners worry about credit score when they want to borrow for an expansion product. Property investors and real estate developers worry about credit score when it comes time to […]

Things to Consider When Choosing a Hard Money Lender

Deciding to fund a project with hard money starts the ball rolling on what could end up being a very good long-term relationship between you and your lender. As such, it pays to look at a number of different lenders and what they bring to the table. As hard money lenders ourselves, we welcome the […]

3 Advantages of a Hard Money Loan

Hard money loans don’t seem to get the same kind of attention as traditional bank loans. They are seen as somewhat of an outlier in many circles. That is not because there is anything inherently wrong with hard money. Rather, it is due largely to a misunderstanding of how hard money works. The truth is […]

What You Need to Know about House Flipping Loans

Obtaining loans for flipping a house was fairly easy 20 years ago. Almost anybody could walk into a bank and walk out with a mortgage a short time later. That is no longer the case. Not only are mortgage lenders more discriminating, they are also warier than ever about loaning to house flippers. This is […]

Here’s What You Don’t Need for Hard Money Loans

Anyone who has turned to Actium Partners after getting nowhere with a bank understands that there are distinct differences between bank loans and hard money. Those differences extend far beyond lending here in Salt Lake City. They permeate the entire global banking sector. Convincing a bank to make a business loan is like pulling teeth. […]

Real Estate Investing: 3 Reasons to Utilize Hard Money

Real estate investors essentially have three choices for financing new properties: bank loans, hard money, and cash. Here at Actium Partners, we specialize in the hard money category. We loan to all sorts of clients who need fast cash to get real estate deals done. We recognize there are legitimate reasons for seeking out bank […]

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 […]