Commercial hard money loans

  • Quick Approval and Funding
  • Local Commercial Hard Money loans
  • No Upfront Cost or Contracts
  • Amounts – starting from $75,000

Commercial Hard Money Loans

Commercial hard money loans are a capital source offered by private lenders to investors who need financing fast. The interest rates are typically higher than traditional bank loans but commercial hard money loans have two major advantages – faster funding and flexible underwriting criteria. For investors who are looking to purchase, refinance, or draw cash from an investment – private lending offers an alternative route that is faster, more efficient, and focused on the asset more than the borrower. Investors who are looking to secure loans on a short term basis or with credit challenges are the perfect fit for a commercial hard money loan. An asset-based underwriting process also allows the lender to consider creative real estate investments.

 

Our process offers borrowers who seek to secure private financing on a commercial property several advantages:

  1. Zero costs upfront with no contracts
  2. Qualify within 24 hours and approved in as fast as a few days
  3. No pressure to sign
  4. Any type of real estate accepted
  5. We accept applications with bad credit history/bankruptcy

Fast Approval

Traditional loans can take several months to close. We can do it in a few days

Low Rates

Rates start from 8% with low cost to close.  If we can find you a hard money loan you pay nothing

Up to 80% LTV

Access the maximum equity in your asset and unleash your investment portential

Loan Types - Private Commercial Lenders

Commercial Real Estate entails all types of non-residential properties. Commercial real estate loans traditionally required extensive paperwork and financial underwriting from banks – it is not unusual to undergo through 2 or three months to secure capital to purchase commercial properties. With our ‘asset-based’ underwriting, we can provide you with financing as fast as 10 days. We provide hard money commercial loans on all types of real estate:

 

  1. Retail Centers Hard Money Loans
  2. Office Buildings Hard Money Loans
  3. Warehouse Hard Money Loans
  4. Industrial Building Hard Money Loan
  5. Billboard Hard Money Loans
  6. Properties with Marijuana Tenants

Loan Types - Private Commercial Lenders

Commercial Real Estate entails all types of non-residential properties. Commercial real estate loans traditionally required extensive paperwork and financial underwriting from banks – it is not unusual to undergo through 2 or three months to secure capital to purchase commercial properties. With our ‘asset-based’ underwriting, we can provide you with financing as fast as 10 days. We provide hard money commercial loans on all types of real estate:

 

  1. Retail Centers Hard Money Loans
  2. Office Buildings Hard Money Loans
  3. Warehouse Hard Money Loans
  4. Industrial Building Hard Money Loan
  5. Billboard Hard Money Loans
  6. Properties with Marijuana Tenants

Common Questions for Commercial Hard Money Loans

Here are the most frequent questions we get when it comes to hard money loans for commercial real estate:

Q: What can I do to increase my chances to qualify?

A: Make sure you have all of your paperwork ready – any underwriter will probably ask you questions about the property and about your experience as an investor.  This is the part that usually takes the most time, so be prepared ahead of time.

Q: Are the rates going to be really high?

A: Hard money rates are higher than traditional bank loans.  Since they are riskier, done faster, and require less underwriting, the rate is higher.  Typically hard money loans will be 4-5% higher than standard interest rates.

Q: Why should investors take a high-interest loans if banks give lower interest rates?

A: Banks take a long time to approve loans, and they often apply very rigid funding criteria to deals.  So if you have a special situation or circumstances, you may be out of luck.  Hard money loans are also perfect for buyers who want to close a deal quick, and can’t wait 45 days for a bank approval.  Hard money is not for everyone, but there are investors that are able to buy property not possible otherwise,  thanks to hard money loans.

Q: Can I qualify if I have bad credit?

A: Yes.  Hard money loans for commercial real estate is focused on asset-based underwriting.  This means that your credit score is less important than the strength of the property you are buying.  Your experience is still important, and a good credit score helps a lot – but burrowers with bad credit qualify for hard money loans all the time.

 

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Get in contact with our hard money specialists

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Get in contact with our hard money specialists