Hard money loans and bridge loans are two terms used to describe the types of private loans we make. There is a third term that is not used so often: ‘rescue capital’. The truth is that rescue capital is hard money offered to help a borrower after their original lender backs out. We see such […]
Every type of lending involves at least some paperwork. Hard money lending has its own paperwork, but the requirements tend to be substantially less compared to what traditional lenders require. Among our requirements are a small number of third-party reports. You are probably familiar with such reports if you are a regular hard money borrower. […]
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 […]
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 […]
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 […]