Fast Financing for Critical Investments

Hard Money Loans

Understanding Your Financing Options

Lending Overview

Hard money loans and bridge financing assist businesses with interim liquidity shortfalls, capital expenditures, and working capital requirements. Secured by a first or second lien against business assets, these asset-based loans offer rapid access to capital. Unhampered by traditional credit analysis paradigms, hard money lenders emphasize asset coverage and profitability, reducing reliance on credit scores. Relative to conventional bank loan processes, hard money lenders provide a streamlined application process to minimize frustration and delays. This expedited underwriting delivers approvals often within 24 hours. Short-term financing terms typically range from one to three years and may carry higher rates than more traditional loans. Unsure of how to access reduced rates on hard money and bridge loans for your next important move? Our brokers in Jacksonville, FL provide the optimal avenue for matching business needs with suitable financing partners. Consult with a loan broker to obtain the most favorable terms on your next hard money loan Jacksonville, Florida.

Maximizing Your Financial Resources

How to Effectively Apply Funds

A hard money loan can be utilized by small business owners primarily for real estate investment and business expansion. In the realm of real estate, hard money loans can be used to purchase properties that are not eligible for traditional financing. This presents opportunities for small business owners to acquire fixer-uppers, undervalued assets, or properties in up-and-coming neighborhoods at a faster pace than traditional financing. Hard money lenders can provide bridge financing to cover the gap between the purchase of a new property and the sale of an existing one, providing flexibility in managing business assets. To find out how to leverage hard money loans sourced in Jacksonville for your business in Florida or beyond, speak with our qualified brokers.

Streamlined Steps to Your Loan Approval

Our Process

PRE APPROVAL

We evaluate your business based on your unique operating structure and objectives. You’ll receive financing options based on what it is you want to achieve.

LOAN SELECTION

Together we will hone in on the options and pathways to capital that make sense. We vet multiple lenders to match you with the right money.

PATH TO CLOSE

Whether your loan is fast-closing or carefully vetted, we work with you and your lender to package it and facilitate a smooth close to shorten your time to funding.

Unlock Possibilities with Quick Funding

Empower Your Investment Strategy

Use hard money loans to expedite real estate acquisitions, renovations, or to resolve short-term financial needs. This type of financing is particularly effective for developers and investors looking for agility in competitive markets.

Restaurants

Hard money lenders provide funding to address growth opportunities beyond just real estate. For example, a restaurant owner might use a hard money loan to acquire new kitchen equipment, such as high-efficiency stoves or refrigerators, which can enhance the quality and speed of service. Additionally, these loans can be utilized to renovate dining spaces, creating a more inviting atmosphere that attracts more patrons. During busy seasons or special events, a hard money loan can provide the essential funds to increase staff, ensuring you can comfortably manage the influx of customers and maintain excellent service standards. Need more ideas? Contact us today to explore how hard money lending can elevate your restaurant business!

Retail

Retail establishments, such as clothing boutiques, use hard money loans to purchase inventory for a new season, ensuring they have the latest styles and trends in stock to attract customers. The hard money loan provides quick access to capital, allowing the store owner to make essential investments and capitalize on growth opportunities. Moreover, these loans can be instrumental in financing store renovations, such as updating displays or expanding floor space, which can significantly enhance the shopping experience. Whether it’s for seasonal promotions, marketing campaigns, or securing exclusive partnerships, hard money lenders offer a swift and flexible financial solution that empowers retail businesses to thrive in a competitive market. Reach out to us today to discover how hard money lending can support your retail ventures!

Healthcare

Medical businesses can be expensive to run, and unexpected expenses can quickly drain a business’s cash flow. A hard money loan provides quick access to cash so businesses can buy new equipment, such as state-of-the-art diagnostic machines or advanced surgical tools, which can significantly improve the quality of care provided. Additionally, these loans can be used to renovate examination rooms, waiting areas, or even expand facilities to accommodate more patients, thereby improving patient satisfaction and increasing revenue. Whether launching a new marketing campaign to attract more patients or covering operational costs during challenging times, a hard money loan offers the flexibility and speed essential for maintaining a thriving healthcare practice. To learn more, contact our brokers and discover how hard money lending can support your medical business’s growth and sustainability.

Rapid Access to Capital

Advantages

Leverage the speed and simplicity of hard money loans to bypass traditional lending hurdles and secure funding swiftly. Ideal for urgent investments, these loans ensure you never miss out on a pivotal opportunity due to slow financing processes.

Fast & Convenient

Easy Closing

Asset Based

Short Term

Answers to Your Key Questions

FAQ’s

Q. Do hard money loans require collateral?
Yes, hard money loans are asset-based, meaning they use a business asset as collateral on the loan. Talk to your broker about credit-based loans if you lack collateral or don’t want to risk losing assets.
Q. Do I need a good credit score to qualify for a hard money loan?
Not necessarily. Since hard money loans use the value of an asset to secure the loan, the lender is more concerned with LTV or ARV than a high credit score. Rates for secured loans are also lower, because the lender’s risk is reduced by the presence of collateral. Ask your broker how to qualify for asset-based options and credit repair solutions.
Q. How long does it take to get approved for a hard money loan?
Hard money loans enable investors to act quickly, which is one of their primary advantages. Expect your loan approval to come in under a week, as opposed to months with traditional lenders. Ensuring your application is complete will also accelerate the approval process. Your broker can give you more tips for speeding up the loan process.
Q. What happens if I default on a hard money loan?
It is in your lender’s best interest not to have you default on your loan, so they will often help with payment arrangements to prevent a default from happening. If, however, you end up defaulting on the loan, the lender has the ability to collect any collateral used to obtain the loan. A knowledgeable broker can help negotiate on your behalf and analyze your financial outlook before you commit to a loan.

Apply For Funding Today

Our no-obligation pre-approval gives you the information you need to know about loan types and options to help you move ahead, even if you’ve been denied elsewhere.