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…

Done Deal! Hard Money Loan in Santa Monica: $875,000 @ 11.00%, 2nd TD, SFR, Cash-Out, 70.29% CLTV

Borrower, successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in Santa Monica, Los Angeles County. Funds from our loan will be used to pay off the existing business purpose 2nd while the remainder of the proceeds will be invested into the borrower’s expanding medical…