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Tenant Improvements
When a property owner enters into a lease on a large commercial space which requires completing improvements, financing is often sought to cover the upfront expenses. These loans can be an effective means to finance the investments.
ReHab Hard Money Loans
Hard money loans are provided to property owners in need of a short-term financial solution to renovate a property. Hard money can work well in this situation because of its quick turnaround time and direct funding.
Re-Finance
Hard money loans may be used as a temporary solution to obtain a re-finance for a
commercial, investment or residential property. Hard money loans for refinance are often completed by Equity Lenders LLC in a situation where quick, available funding can help to
make a deal work.
Construction Loan
Construction loans from hard money lenders can fund the gap between project completion
and standard funding by banks or other lending institutions. Equity Lending LLC can facilitate these loans as long as sufficient equity is available in the underlying land, or with additional
collateral from the borrower. These loans can collateralize a finished project or finished
portion of a project to generate capital for another construction project or phase.
Property Purchase
Borrowers interested in purchasing real estate property may find that credit scores, legal obstacles or conditions related to the property itself (such as incomplete buildings, damage, etc.) may prevent standard funding from banks.
In such cases, hard money loans offer a perfect short-term fix. Funding can allow for time to
find a permanent solution and receive a lower interest rate loan from a bank.
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