HARD MONEY LOAN

non-recourse 

If you need funding in a hurry and if you have collateral available, a hard money loan may be the right solution for you. Hard money lenders are able to make loans banks can’t - the ones banks consider riskier than commercial loans. They’re often used to purchase, refinance with cash out, or for construction.

ABOUT HARD MONEY

Analyzing Graphs

Because hard money loans are quick and convenient they are more expensive. The typical hard money loan is short-term and generally ranges between one to seven years, longer terms are available on a case-by-case basis. Interest rates can range from 9% to 14%. Interest only payments keeps this type of financing affordable. Interest reserve is also available with Loan to Values as high as 70%.

Quick facts:

  • Loan Amounts: $2,000,000 – $500,000,000

  • Rates: Start as low as 8.99%

  • Loan Term: 1, 2, 3, and 7 year terms available

  • Closing: 2-3 weeks

ARE YOU READY TO GET STARTED?

Get in touch with one of our team members today to discuss the options that are right for you.

P: 860.307.4224    F: 239.236.0739

Executive Office Center

10600 Chevrolet Way, Suite 210

Estero, FL 33928

DavidM@osbcapital.com

© 2021 | One Source Business Capital | Florida, Texas, and Massachusetts | Capital When You Need It. 

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