Thursday, November 7, 2013

INTAKES of Hard Money

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* There is beneficial, expertise to close the deal. There are rewarding nationwide loan services. The know-how, experience, and contacts to provide real estate financing for virtually all property types and lending scenarios, from land acquisition to adaptive re-use. Also provide asset based business loans. The finance fine art, diamonds & gems (cut or uncut), gold, oil, inventory, accounts receivables, equipment purchases, and expansion capital can also be provided secure and confidential access to financing to fit each .*There is specialize in hard money asset loans. We provide secure and confidential access to financing that fits your needs.

* Every Loan like Every Borrower is Different. Of course work with each client to find a flexible, workable loan solution. We provide interim bridge and mezzanine financing on a case-by-case basis. 100% refundable upfront commitment fees minus expenses may apply. When time is of the essence,based loans can close a loan within days of receipt of application. Some scenarios allow to fund over 90% of the acquisition/construction costs of your project.




HARD MONEY LOAN PRODUCTS

Currently there is financing asset based loans on the following:* Fine Art, Antiques, and Gems (cut or uncut)
* Oil, Gas and Mining resources with early stage infrastructure and/or production
* Bridge Financing for Asset Sales Contracts
* Debtor in Possession Financing All Industries
* Commercial Aircraft
* Rolling Stock
* Production Contracts
* Charged off Credit Card Receivables
* Licenses – Communications, Cable and Cellular
* Historically, the core business of this lender has been in making direct Hard Money real estate loans with a primary emphasis on land loans. Current market conditions have caused us to redirect our focus. While we still make land loans, they MUST have contracts in place and/or a viable exit strategy.


* To qualify, loans must be placed in the Continental United States and not exceeds 50% of the real property’s LIQUIDATION value or purchase price or cost (LTV/LTC). The typical loan term is up to three years with no pre-payment penalty. Loans can range between $3mm to $300mm. loans are between $5mm to $10mm. NO FUNDING is available to LOANS LESS THAN $3mm.
* Loan to Value (LTV/LTC) is typically calculated to be the lesser of the quick sale value or the purchase price. For example, if you are able to purchase a property with a market value of $12mm for $6mm, the lower value is used for underwriting purposes. In this example we could lend between $3mm-$5.4mm. But there are exceptions. If you don’t have any money in the deal, your ability to get a Hard Money loan is slight.
* Due to current market conditions we are no longer making loans on unimproved or un-entitled real estate. Cash flowing real estate deals $3mm or greater more accepted here.

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