Fund Businesses, Strengthen Communities
By offering private lending to people and businesses, when traditional lending sources fail to provide funding, business opportunities are created. These funding opportunities improve business outcomes, which also lead to job creation. As a result, private money lenders play a considerable role in positive life-changing events for community members.
When people and businesses are faced with severe financial challenges from a highly bureaucratic lending environment and hear the word “no” from institutional lenders, borrowers turn to a growing number of private funding sources for help.
Private funding sources, called Private Money Lenders, can often fulfill business funding needs on more flexible terms than traditional loan institutions, which must adhere to strict lending requirements and very lengthy loan processes.
Many lending institutions, banks, and hard money lenders (alternative lenders) rarely offer real estate loans of less than $75,000, especially if the property needs to be rehabbed.
Those banks and hard money lenders often fail to consider the borrower’s complete financial situation and neglect to consider what the borrower may have to offer (collateral) to ensure a secured lending opportunity. This under served lending niche represents the majority of real estate investors. Because so many real estate investor needs can’t be met through typical lending avenues, your community is likely filled with borrowers who require private funding.
As with most American private money lenders, real estate investors use our funding for purchases and rehabbing, and to refinance existing properties, such as improving housing conditions in communities. However, while most private money lenders only lend to real estate investors, we have also had excellent success funding and partnering with business start-ups, business expansion, and business rescue.
By providing private funding to people and businesses in our communities, private money lenders have created significant financial wealth for themselves. The private money lenders achieve financial wealth by generating an above-average market annualized rate of returns, compounding profits, and additional monthly cash flow.
Many times, private money lenders partner with others in businesses. These cases lead to profit sharing and/or opportunities to purchase businesses and real estate at deeply discounted rates.
This unique relationship between borrowers and lenders benefits so many, the borrower, the lender, and the community. A win-win situation for all parties.