What Problem Did the Hard Money Loan Solve?

Fueling Business Growth and Opportunity When entrepreneurs and business owners encounter expansion opportunities, waiting for traditional bank approval could mean missing out on strategic timing. Take, for instance, an insurance professional in Irvine who had the chance to buy out an insurance franchise. This franchise purchase was a rare opportunity, yet a conventional loan wouldn’t…

Recent Transaction in Carpinteria – Business Purpose Purchase

Carpinteria, CA Download Recent Transaction – Business Purpose Purchase – Carpinteria, CA Property / Loan Information Property Type Condo Lien Position 1st TD Loan Amount $510,000 BPO Value $850,000 Occup Non-Owner Occ. Interest Rate 8.99% LTV on BPO Value 60% Loan Type Business Purpose Purchase Amortization Interest Only Due in 3 years Guaranteed Interest 180 days  …