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As Thanksgiving ends, it is hard to believe there are only a few weeks left in the year to close commercial loans….the last 2 weeks of December are all but useless for most banks. In the world of commercial lending, the loans take a while and banks can not close a new loan that is starting today that will close before year end. They just take longer than that. With private money, you can close your commercial loan in less than 30 days and get the money you need to capture opportunities. We just closed a $1,035,000 private money loan to get a client some quick cash for an acquisition opportunity that had tremendous upside. WE CLOSED THE LOAN IN LESS THAN 2 WEEKS! One of the beautiful things about our fund is that you can use the cash out any way you want. While bridge money can be used for everything from buying vacant buildings, getting the rehab cash to fix it up and make big profits or paying off my good friends at the IRS, the most important thing about private money is the time frame-less than 30 days to close.
With really only 3 weeks left for most lenders to close loans it is safe to say that if you do not have loan commitment with your current lender by now, you may not get closed this year! But with our Private Money fund, we can still take new loans in and close them by year end! It is the difference in having a team and a lender that actually WANTS to do your loan. This simple fact can make all the difference between approval and denial. We close loans…that’s what we do.
So whether you need to close quick to capture a foreclosed property, you need quick cash to get your business back on track or whatever the reason, our fund was created for you. The response time is quick and the results are closings! We are ACTIVELY seeking a few more loans to round out a successful year.
If you or someone you know needs money to bridge a gap, if you need certainty of closing, give me a call today at 512-650-8630 or get started by filling out this form. I will personally take the call, crunch the numbers and let you know what can be done. The call is free, our pre-liminary screening is free and consider your loan…closed!
Give me a call today to discuss your deal at 512-650-8630 or get started by filling out this form.