Tag Archives: Hard Money Loan

Hard Money Loans: The Kind You Actually Want

Hard money lender is a term used to distinguish a person or entity that provides small loans to those who are in need of a quick financial boost. More often than not, these loans are given with hard collateral instead of the borrower's assets, which means it can be difficult for the borrower to repay their debts if they do not succeed.

A hard money loan is a type of loan that is characterized by high-interest rates and stricter eligibility requirements than traditional loans. Hard money lenders are typically private investors who lend money to businesses and other borrowers who cannot get approval from traditional lenders.  If you want to hire hard money loan lenders, you may go through the site to get expert advice.

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1. Private Equity: This is a loan from a private equity firm or individual. There are typically higher interest rates and fewer borrower benefits than other types of hard money loans, but the terms can be very favorable if you’re able to get the terms right.

2. Venture Capital: This is a type of hard money loan that comes from venture capitalists. They are typically more interested in the upside (profit potential) rather than the downside (borrowing costs). However, these loans also come with higher interest rates and more stringent borrower criteria than other types of loans.

3. Commercial Lending: Commercial lending refers to loans that are made to businesses, not individuals. These loans come in many different forms, but they usually have higher interest rates and stricter lending criteria than other types of hard money loans.