Our firm appreciates that hard money loans make perfect sense when there is an opportunity to quickly generate a substantial profit (or savings) with a property. In these instances the higher cost of interest and additional fees are worth it, because they end up being a relatively small portion of the anticipated profit of a project.
Although credit standards have tightened and credit availability has decreased in recent years, this shouldn’t stop you from purchasing and/or renovating a commercial property. We are experts in hard money and asset-based lending for multi-family, retail, office, mixed use and industrial properties. We can get you the access to capital you need, even if your credit is less than perfect.