The recent economic repercussions due to the pandemic have left people unemployed and with low income. These factors have damaged the credit scores of the majority of the population and have made bank loan acquisition almost impossible. People are looking towards private money lenders for financing as they provide hard money loans. A hard money loan is asset-based financing. […]
It’s crazy how quickly the real estate market rates are increasing in the US. In these circumstances, it’s tough for any firm to buy commercial properties. Companies are looking to buy cheap raw land to expand. However, it’s not easy to buy raw land with the lack of capital. Private money lenders can help boost your business […]
The US real estate market is one of the hottest markets in the world. It’s expected to grow by 3.3% from 2021-2024. The success of this market is because of the increased accessibility of financing options available in the US. In the past, commercial banks in the US have played a major role in providing […]
The economic repercussions of the pandemic have pushed many American firms into debt. Repaying the debt in these circumstances can be challenging. It’s estimated that one in ten US firms may default on their debt. These alarming numbers aren’t good signs. However, there’s a way out of a default debt situation known as a workout loan. […]
You’re not alone if the pandemic damaged your credit score. It’s estimated that one in two people have lost income globally. Decreasing income coupled with unemployment has increased the debt on the majority of the population. These circumstances make it very challenging for you to get loans from a bank. However, this shouldn’t stop you from […]
The cutthroat competition that has developed due to the pandemic has forced many firms to expand their business. In 2019, the construction industry in the US generated two trillion dollars in revenue, which speaks volumes about the scale on which this industry works. Although the construction industry is booming in the US, it’s a complex job […]
Contract One of the advantages of using a hard money loan is the speed at which loan approval and funding take place.
It’s no secret that the pandemic has squeezed the majority of the population financially. The global debt has jumped by 12% to $289 trillion, and the increasing debt has led to deteriorating credit history for the majority of the American population. The increasing debt and low credit history levels make it challenging to acquire loans from […]
The increasing financial options in the private money lending industry will inevitably replace traditional financing. Specialized hard money loans have become the norm for individuals who are looking for quick financing options. One such type of specialized loan is a bridge loan. Here’s everything you need to know about it. The Basics Of Bridge Loans A bridge […]
Less Paperwork A blanket loan means much less paperwork It permits you to apply for various home loans with just one credit won’t need to present a credit, business, or asset verification multiple times.