Private Commercial Lender

Commercial Loans | Negotiate With the Bank HICKSVILLE, N.Y., March 27, 2019 /PRNewswire/ — Private lenders are non-institutional lenders that issue short-term loans for the purchase of a property. The loan can be used to purchase a house,

"We are educating the public to the fact that investing in real estate is not the only way to benefit from commercial real estate," said Mr. Zlotowitz. "You can also be a private lender. "As the first.

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Private Term Lender: A private term lender will generally look to structure their term loan much like a bank would. For real estate, there is a chance the private lender may offer rates and terms and are similar to what a bank would provide for commercial real estate loans – although many private lenders usually seem to focus more on shorter term-higher rate bridge loans.

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Private sector credit growth has been sluggish since the government capped commercial lending rates at four percentage points above the central bank rate in September 2016, after lawmakers said they.

But besides banks, there is the option to turn to private commercial lenders. In areas where banks can’t or won’t write loans, private lenders can help. The great thing about private commercial lenders is that funding can be secured relatively quickly compared to waiting on approval from the bank.

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Direct Commercial Funding Inc. is a equity based, private commercial lender with delivered capital and unsurpassed service to the Commercial real estate community 20 years and counting. Our corporate office is located in the business district of beautiful downtown Houston, Texas and funds loans in all 50 States as well as Internationally.

As a direct hard money lender with over 60 years working in the industry, Source Capital Funding is a premier source for hard money commercial loans. Since 2007, we have funded over $250M in commercial loans and understand all kinds of loan situations and work with all types of borrowers.